Algebra help. Will give medal!!!
3. The price of products may increase due to inflation and decrease due to depreciation. Luke is studying the change in the price of two products, A and B, over time. The price f(x) in dollars, of product A after x years is represented by the function below. Part A: Is the price of product A increasing or decreasing and by what percentage per year? Justify your answer. (5 points) Part B: The table below shows the price f(t), in dollars, of product B after t years: Which product recorded a greater percentage change in price over the previous year? Justify your answer. (5 points). Part A: Is the graph for increasing or decreasing? Justify your answer: It is increasing Part B: What is the average rate of change from year 1 to year 2? Convert this number into a percentage. Which product has a greater percentage change in price?
@mathmath333 I still need help here?
@TheSmartOne can you help me?
I think some information is missing
^^^^
give me a sec
F(x)=0.69(1.03)^x
@TheSmartOne I found the function
do you need the table too??
\(\large\tt \begin{align} \color{black}{ f(x)=0.69(1.03)^x \\~\\ =0.69(1+0.3)^x \\~\\ =0.69(1+0.3)^x \\~\\ =0.69(1+(\dfrac{\color{red}{30}}{100}))^x \\~\\ }\end{align}\) so it is increasing by \(30\%\) per year for part B ,table is missing
|dw:1420408039604:dw| @mathstudent55 can you help me? @mathmath333
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