Question

The exponential decay graph shows the expected depreciation for a new boat, selling for $3500, over 10 years.
(graph attatched)
write an exponential function for the graph. use the function to find the value of teh boat after 9.5 years

Answer 1

@misty1212 (sorry lol)

Answer 2

in two years it went from \(3500\) to \(2000\) for a factor of \(\frac{2000}{3500}=\frac{4}{7}\)

Answer 3

you can use
\[\huge 3500\times \left(\frac{4}{7}\right)^{\frac{t}{2}}\]

Answer 4

there are other harder ways, i would stick to that

Answer 5

\[\color{magenta}\heartsuit\]

Answer 6

thx!