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The value of a new mountain bike declines exponentially. If the bike costs $5000 when it is new and loses 10% of its value each year, what is an equation that models this situation? f(x)=___(____)^x
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33 votes
33 votes
The value of a new mountain bike declines exponentially. If the bike costs $5000 when it is new and loses 10% of its value each year, what is an equation that models

this situation?

f(x)=___(____)^x

User Killa
by
2.4k points

1 Answer

12 votes
12 votes

Answer:

1743.39

Explanation:

5000(1-0.1)^10 is the function

User JacopKane
by
3.5k points
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