A comic book collector has a first edition comic currently worth $240. He anticipates it will grow in value at a rate of 8% per year. 7. a) Write an exponential function to model this situation. b) How much will the comic book be worth in 11 vears? (Round vour answer to the nearest cent).

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter6: Exponential Functions And Sequences
Section6.3: Exponential Functions
Problem 10E
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Amaya is studying for final exams and just drank a cup of coffee to help her stay awake. The coffee
hour.
6.
had 94 mg of caffeine in it. The amount of caffeine in her body decreases by 12%
every
a) Write an exponential function to model this situation.
b) At this rate, how many milligrams of caffeine will be left after 3 hours?
(Round your answer to the nearest whole number).
Transcribed Image Text:Amaya is studying for final exams and just drank a cup of coffee to help her stay awake. The coffee hour. 6. had 94 mg of caffeine in it. The amount of caffeine in her body decreases by 12% every a) Write an exponential function to model this situation. b) At this rate, how many milligrams of caffeine will be left after 3 hours? (Round your answer to the nearest whole number).
A comic book collector has a first edition comic currently worth $240. He anticipates it
will grow in value at a rate of 8% per year.
7.
a) Write an exponential function to model this situation.
b) How much will the comic book be worth in 11 years? (Round your answer to the nearest cent).
Transcribed Image Text:A comic book collector has a first edition comic currently worth $240. He anticipates it will grow in value at a rate of 8% per year. 7. a) Write an exponential function to model this situation. b) How much will the comic book be worth in 11 years? (Round your answer to the nearest cent).
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