Exponential Functions Depreciate

Find the equation of the exponential function represented by the table.

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CCSS.HSF.LE.A.2

Determine the exponential equation for the graph.

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CCSS.HSF.LE.A.2

Determine the exponential equation for the graph.

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CCSS.HSF.LE.A.2

Find the equation of the exponential function represented by the table.

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CCSS.HSF.LE.A.2

• $24,576

• $60,000

• $74,999

You buy a car for $9,000 that depreciates at a great of 12% each year. How much is the car worth after 5 years? Round to the nearest cent (two decimal places).

Mathematical Equivalence

OFF

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CCSS.HSF.BF.A.2

The value of a car is $28,000 now, but it is depreciating at a rate of 12% per year.  How much will the car be worth in 8 years?

• $10,069.77

• $12,105.24

• $9,988.13

• $14,117.08

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CCSS.HSF.BF.A.2

If the value of a car drops approximately 8% each year, what is a reasonable price for a 5-year old car that was bought for $50,000?

ROUND YOUR ANSWER TO THE NEAREST CENT

Mathematical Equivalence

ON

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CCSS.HSF-LE.A.1C

How much would the truck be worth in 5 years? Round your answer to cents (hundredths). Kendal bought a truck for $8,500. The value of the truck decreases at a rate of 11% per year.

Mathematical Equivalence

ON

Tags

CCSS.HSF.BF.A.2

Daniel’s Print Shop purchased a new printer for $35,000. Each year it depreciates at a rate of 5%. How much will the printer be worth in 8 years?

• $23,219.72

• $136.72

• $51,710.94

• $16,710.94

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CCSS.HSF.BF.A.2