Answered

Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Use the following information to graph the value of a car over time:The average price of a new car in the United States is approximately $30,750.The value decreases each year at an exponential rate and approaches an asymptote whoseequation is y = 0.The average car loses nearly half its original value after 5 years.For what values of x is the graph positive? What is the domain of this function? Identify theminimum and maximum of this graph.

Sagot :

Step-by-step explanation:

Exponential function:

In the following format:

[tex]y(x)=(y_o)^{rx}[/tex]

r is the rate of change.

The domain is: x >= 0

The maximum is y(0).

The minimum is close to 0.

In this question:

The average value is $30,750. So the function can be modeled as:

[tex]y(x)=(30750)^{rx}[/tex]

The graph is positive for all values of x.

The domain of the function is x >= 0

The maximum is y = $30,750

The minimum is close to 0.

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.