Suppose the retail price of an automobile is $33,000 in 1999 and that it increases at 6% per year. a. Write the equation of the exponential function, in the form y = a(1 +r)', that models the retail price of the automobile t years after 1999. b. Use the model to predict the retail price of the automobile in 2014. a. Choose the function that models the retail price of the automobile t years after 1999. P(t) = 33,000(0.94)* P(t) = 33,000(1.06)* O P(t) = 33,000(7)* b. According to the model, what is the retail price of the automobile in 2014? (Do not round until the final answer. Then round to the nearest dollar as needed.)
Percentage
A percentage is a number indicated as a fraction of 100. It is a dimensionless number often expressed using the symbol %.
Algebraic Expressions
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Subtraction
Before we begin to understand the subtraction of algebraic expressions, we need to list out a few things that form the basis of algebra.
Addition
Before we begin to understand the addition of algebraic expressions, we need to list out a few things that form the basis of algebra.
Please provide answer for A and B
No B should be in dollars and round to the nearest dollar as requested.
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