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The following function represents the value of a truck, in dollars, after x years:

f(x) = 29,000(0.88)x

What does 0.88 represent?

The decrease in the value of the truck, which is 12%
The present value of the truck
The value of the truck after x years
The decrease in the value of the truck, which is 88%

Respuesta :

wegnerkolmp2741o

Answer:

The decrease in the value of the truck, which is 12%

Step-by-step explanation:

f(x) = 29,000(0.88)^x

This is an exponential function of the form

y = ab^x

a is the initial value

b is the growth(decay) rate

x is the time

Since b is less than 1, we know it is decay

To find the rate

1-b = rate

1-.88 = .12

The decay rate is .12*100% = 12 %

jujy1508

Answer:

its A:The decrease in the value of the truck, which is 12%

Step-by-step explanation:

i got this correct

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