An exponential function f(x) = a · b* passes through the points (0, 10000) and (2, 400). What are the values of a and b? a = and b = Question Help: Video D Post to forum Submit Question

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 65SGR
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An exponential function f(x) = a · bª passes through the points (0, 10000) and (2, 400). What are the
values of a and b?
and b =
Question Help: D Video D Post to forum
Submit Question
Transcribed Image Text:An exponential function f(x) = a · bª passes through the points (0, 10000) and (2, 400). What are the values of a and b? and b = Question Help: D Video D Post to forum Submit Question
A house was valued at $100,000 in the year 1988. The value appreciated to $155,000 by the year 2001.
A) If the value is growing exponentially, what was the annual growth rate between 1988 and 2001?
Round the growth rate to 4 decimal places.
B) What is the correct answer to part A written in percentage form?
%.
C) Assume that the house value continues to grow by the same percentage. What will the value equal in the
year 2005 ?
value = $
Round to the nearest thousand dollars.
Transcribed Image Text:A house was valued at $100,000 in the year 1988. The value appreciated to $155,000 by the year 2001. A) If the value is growing exponentially, what was the annual growth rate between 1988 and 2001? Round the growth rate to 4 decimal places. B) What is the correct answer to part A written in percentage form? %. C) Assume that the house value continues to grow by the same percentage. What will the value equal in the year 2005 ? value = $ Round to the nearest thousand dollars.
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