Find an exponential function that models the data. Round numerical values to the nearest hundredth. Let x be the number of years since the purchase. The function f (x) = () x models the data. Use the model to predict the home's value. After 12 years, the home's value will be about $ thousand. After 35 years, the home's value will be about $ thousand.

Question

Mathematics

Deborah Waller

28 November, 13:16

Find an exponential function that models the data. Round numerical values to the nearest hundredth. Let x be the number of years since the purchase. The function f (x) = () x models the data. Use the model to predict the home's value. After 12 years, the home's value will be about $ thousand. After 35 years, the home's value will be about $ thousand.

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Lea Woodard · Answer 1

Answer: f (x) = 39.59 (1.09)

after 12 years = $111 thousand

after 35 years = $808 thousand

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