It can, it just depends upon the slope
Do you know what the slope is?
Answer:
$11040
Step-by-step explanation:
first of all the question says that $4000 were earned in a year and asks for what the new vale would be after the next 3 years with a discount rate of 8%.
If 1 year=$4000,then 3 years=$12000
100%-8%=92% (this happens because there is still a remaining amount that still has a cost to it),so 12000*92%=$11040
Answer:
Step-by-step explanation:
<u>Exponential function:</u>
<u>Ordered pairs given:</u>
<u>Substitute x and y values to get below system:</u>
<u>Divide the second equation by the first one and solve for b:</u>
- 80/10 = b³
- b³ = 8
- b = ∛8
- b = 2
<u>Use the first equation and find the value of a:</u>
<u>The function is:</u>
The height could be 2 and the width 10 or the height could be 10 and the width could be 2.