A $15,000 car depreciates at 20% each year. If you were to write an exponential model in the form y = A • B^x, which value represents B in the function? a. 15,000 b. 0.2 c. 0.8 d. 0.02

Question

Mathematics

Elaine Terrell

6 November, 13:09

A $15,000 car depreciates at 20% each year. If you were to write an exponential model in the form y = A • B^x, which value represents B in the function? a. 15,000 b. 0.2 c. 0.8 d. 0.02

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Answers (1)

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Izabella Parrish · Answer 1

c. 0.8

Step-by-step explanation:

y=A*B^x

A = price of car, B = rate of depreciation per year, x = time, years y = 15000 * ((100-20) / 100) ^x = 15000 * 0.8^x B=0.8

Option c. 0.8