document.write( "Question 628699: An exponential decay graph shows the expected depreciation for a new boat, selling for $3,500, over 10 years.\r
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document.write( "a. Write an exponential function for the graph.\r
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document.write( "b. Use the function in part a to find the value of the boat after 9.5 years. \n" );
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Algebra.Com's Answer #395848 by jsmallt9(3758) ![]() You can put this solution on YOUR website! First, this problem has nothing to do with Trigonometry. It belongs in one of the categories related to exponents. Please post using a possibly relevant category. \n" ); document.write( "Second, without the graph you were given it will be impossible for a tutor to solve this problem. I will, nevertheless, try to help as much as I can. \n" ); document.write( "The general equation for exponential growth and decay is: \n" ); document.write( " \n" ); document.write( "where \n" ); document.write( "t is a number of units of time. (Often the units are years so t would be a number of years.) \n" ); document.write( "A = the amount after \"t\" units of time. \n" ); document.write( " \n" ); document.write( "r is a decimal (or fraction) between 0 and 1 which represents the rate of change. A positive r means growth. A negative r means decay. (Note: Some books use \n" ); document.write( "You have been given the original amount, \n" ); document.write( " \n" ); document.write( "From this point on I can only tell you what you should do to finish:
\n" ); document.write( "Here's an example: \n" ); document.write( "1. Solve for r \n" ); document.write( "1.1 Find a point. Suppose that your graph shows that at t (or x) = 10, the A (or y) is 700. \n" ); document.write( "1.2 Insert the coordinates into your working equation: \n" ); document.write( " \n" ); document.write( "1.3. Solve for r. \n" ); document.write( "Dividing both sides by 3500: \n" ); document.write( " \n" ); document.write( "Find the 10th root of each side. (On your calculator use 0.2^(1/10) or 0.2^0.1) \n" ); document.write( " \n" ); document.write( "Subtract 1 from each side: \n" ); document.write( " \n" ); document.write( "(BTW: As a percent, r is an approximately 15% rate of decay.) \n" ); document.write( "2. Replace the r in your working equation: \n" ); document.write( " \n" ); document.write( "This, or \n" ); document.write( "3. To find the value of the car after 9.5, replace the t in you equation with 9.5 and solve for A: \n" ); document.write( " \n" ); document.write( "Simplifying... \n" ); document.write( " \n" ); document.write( "Using 0.85133992^(9.5) on our calculators: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "So after 9.5 years the car would be worth approximately $758.69. \n" ); document.write( " |