The table shows the value in dollars of a motorcycle at the end of x years. Number of years, x 0, 1, 2, 3. Value, v(x) (dollars) 12,000, 10,800, 9,720, 8,748 Which exponential function models this situation?

1 answer

To find an exponential function that models the situation described, we start by observing the values given in the table:

  • At \( x = 0 \), \( v(0) = 12000 \)
  • At \( x = 1 \), \( v(1) = 10800 \)
  • At \( x = 2 \), \( v(2) = 9720 \)
  • At \( x = 3 \), \( v(3) = 8748 \)

In an exponential decay scenario, the value of the motorcycle can typically be modeled by the function:

\[ v(x) = v_0 \cdot a^x \]

where:

  • \( v_0 \) is the initial value (at \( x = 0 \)),
  • \( a \) is the decay factor.

From the first data point, we can see that \( v_0 = 12000 \).

Next, we need to calculate the decay factor \( a \). To find \( a \), we can use the second data point:

\[ v(1) = 12000 \cdot a \] Setting this equal to the actual value at \( x = 1 \):

\[ 10800 = 12000 \cdot a \]

To solve for \( a \):

\[ a = \frac{10800}{12000} = \frac{9}{10} = 0.9 \]

Next, we can check whether this decay factor holds for the other years:

For \( x = 2 \): \[ v(2) = 12000 \cdot (0.9)^2 = 12000 \cdot 0.81 = 9720 \quad \text{(correct)} \]

For \( x = 3 \): \[ v(3) = 12000 \cdot (0.9)^3 = 12000 \cdot 0.729 = 8748 \quad \text{(correct)} \]

Thus, the exponential function that models this situation is:

\[ v(x) = 12000 \cdot (0.9)^x \]