Respuesta :
Answer:
the function is y= 100-0.095x
Step-by-step explanation:
Step one:
given data
A stock valued at $100 decreases in value by 9.5%
let the number of years be x
Step two:
Hence, the rate of decrease is 0.095
therefore the function is
y= 100-0.095x
The function which represents the situation is
[tex]f(x) = 100 - {0.95}^{x} [/tex]
How to write exponential function
- original value of stock = $100
Percentage decrease per year = 9.5%
= 9.5/100
= 0.095
- Number of years = x
f(x) = 100 - 0.095^x
[tex]f(x) = 100 - {0.95}^{x} [/tex]
Therefore, the function which represents the situation is f(x) = 100 - 0.095^x
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