If the annual inflation rate is 4% in the U.S. for the next 10 years, then how much will a $20,000 car cost in 10 years? Hint: use f(x) = 20000(1.04)*. Round your answer to the nearest dollar. Do not use spaces or commas in your answer. For example, if the answer is $23,546.3765 then enter your answer as: 23546 Answer:

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
icon
Related questions
Question
**Question:**
If the annual inflation rate is 4% in the U.S. for the next 10 years, then how much will a $20,000 car cost in 10 years? Hint: use \( f(x) = 20000(1.04)^x \). Round your answer to the nearest dollar.

Do not use spaces or commas in your answer. For example, if the answer is $23,546.3765 then enter your answer as: 23546

**Answer:**
[Insert answer box here]
Transcribed Image Text:**Question:** If the annual inflation rate is 4% in the U.S. for the next 10 years, then how much will a $20,000 car cost in 10 years? Hint: use \( f(x) = 20000(1.04)^x \). Round your answer to the nearest dollar. Do not use spaces or commas in your answer. For example, if the answer is $23,546.3765 then enter your answer as: 23546 **Answer:** [Insert answer box here]
**Title: Identifying Functions from Graphs**

**Instructions:**
Select the correct function which corresponds to the following graph:

*Graph Description:*
The graph is a curve that originates from the point (0, 0) and increases exponentially to the right. This indicates that the function represents an exponential growth pattern.

**Options:**

Select one:
- A. \( f(x) = 2^x + 1 \)
- B. \( f(x) = \frac{2^x}{2} \)
- C. \( f(x) = 2^x - 1 \)
- D. \( f(x) = 2^{x-1} \)
- E. \( f(x) = 2^{x+1} \)

**Explanation:**
To determine the correct function, observe the behavior of the graph at specific points, particularly at x = 0, where the function intersects the y-axis, and at other points to understand the growth pattern. The function which matches the exponential nature and the position of the points on the curve best is the one you should choose.
Transcribed Image Text:**Title: Identifying Functions from Graphs** **Instructions:** Select the correct function which corresponds to the following graph: *Graph Description:* The graph is a curve that originates from the point (0, 0) and increases exponentially to the right. This indicates that the function represents an exponential growth pattern. **Options:** Select one: - A. \( f(x) = 2^x + 1 \) - B. \( f(x) = \frac{2^x}{2} \) - C. \( f(x) = 2^x - 1 \) - D. \( f(x) = 2^{x-1} \) - E. \( f(x) = 2^{x+1} \) **Explanation:** To determine the correct function, observe the behavior of the graph at specific points, particularly at x = 0, where the function intersects the y-axis, and at other points to understand the growth pattern. The function which matches the exponential nature and the position of the points on the curve best is the one you should choose.
Expert Solution
steps

Step by step

Solved in 2 steps with 5 images

Blurred answer
Recommended textbooks for you
Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
Contemporary Abstract Algebra
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra And Trigonometry (11th Edition)
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
Introduction to Linear Algebra, Fifth Edition
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
College Algebra (Collegiate Math)
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education