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the value of a certain car, in dollars, x years from its
model year can be predicted by the function
f(x) = 12,000(0.89)^x.
the value of a certain suv, in dollars, x years from its
model year can be predicted by the exponential function
shown in the table.
how much more will the suv be worth than the car 5
years after their model years?
enter your answer, rounded to the nearest cent, in the box.
$
| x | g(x) |
|---|---|
| 1 | 14,280 |
| 2 | 11,995 |
| 3 | 10,076 |
| 4 | 8463.81 |
| 5 | 7109.60 |
Step1: Calculate car's value at x=5
Use the formula \( f(x) = 12000(0.89)^x \). Substitute \( x = 5 \):
\( f(5) = 12000(0.89)^5 \). Calculate \( (0.89)^5 \approx 0.5584 \), so \( f(5) \approx 12000 \times 0.5584 = 6700.80 \).
Step2: Find SUV's value at x=5
From the table, when \( x = 5 \), \( g(5) = 7109.60 \).
Step3: Find the difference
Subtract the car's value from the SUV's value: \( 7109.60 - 6700.80 = 408.80 \).
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\( 408.80 \)