An antique table increases in value according to the function v(x)=550(1.05)x dollars, where x is the number of years after1980 . a. How much was the table worth in 1980 ? b. If the pattern indicated by the function remains valid, what was the value of the table in 1995 ? c. Use a table or a graph to estimate the year when this table will reach double its 1980 value.
An antique table increases in value according to the function v(x)=550(1.05)x dollars, where x is the number of years after1980 . a. How much was the table worth in 1980 ? b. If the pattern indicated by the function remains valid, what was the value of the table in 1995 ? c. Use a table or a graph to estimate the year when this table will reach double its 1980 value.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 105E
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An antique table increases in value according to the function
v(x)=550(1.05)x dollars, where x is the number of years after1980
.
a. How much was the table worth in
1980
?
b. If the pattern indicated by the function remains valid, what was the value of the table in
1995
?
c. Use a table or a graph to estimate the year when this table will reach double its
1980
value.
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