Big Ideas Math Integrated I, 2016
BI
Big Ideas Math Integrated I, 2016 View details
2. Exponential Growth and Decay
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Exercise 37 Page 287

Practice makes perfect
a We have been given a table with the value of a camper over time. We see that the t-values have a common difference of 1, and that the values of the camper have a common ratio of 0.8.

The table represents an exponential decay function, since each time the y-values are multiplied by a number less than 1.

b We know the value of the camper 4 years after it is purchased. To find the value of it after 5 years, we multiply 18 944 by 0.8.
18 944 * 0.8
15 155.2
15 155
The value of the camper after 5 years is about $15 155.