SOLUTION: A community theater group finds that their funding is cut by 12% each year. This year, they receive $10,000 in funding from grants and donors. Write an exponential function that

Algebra ->  Graphs -> SOLUTION: A community theater group finds that their funding is cut by 12% each year. This year, they receive $10,000 in funding from grants and donors. Write an exponential function that       Log On


   



Question 1025463: A community theater group finds that their funding is cut by 12% each year. This year, they receive $10,000 in funding from grants and donors.
Write an exponential function that models this situation where y is the amount of funding and x is time in years.
y(x) =10,000 • 0.88^x?
Use your equation above to complete the chart.
Years Funding
0
2
4
8
12
16

Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
I'll do two, you do the rest.
When x=0
y=10000%2A%280.88%29%5E0=10000%281%29=10000
(0,10000)
When x=2
y=10000%2A%280.88%29%5E2=10000%280.7744%29=7744
(2,7744)
Do the other x values exactly the same way.