The price p, in dollars, of a specific ca that is x year old is modeled by the function p(x)=22,255(0.91)^x

(a)how much should a 2-year old car cost?
(b)how much should a 7 year old car cost?
(c)explain the meaning of the base 0.91 in this problem.

Step-by-step explanation:

Step-by-step explanation:

The price p, in dollars, of a specific car that is x year old is modeled by the function p(x)=22,255(0.91)^x

a) to determine the cost of a 2 year old car, we will substitute 2 for x in the given function. Therefore

p(2)=22,255(0.91)^2

p(2)=22,255 × 0.8281 = $18673.655

Approximately $18674

b) to determine the cost of a 7 year old car, we will substitute 7 for x in the given function. Therefore

p(7)=22,255(0.91)^7

p(2)=22,255 × 0.51676101936 = 11500.51648579693

Approximately $11501

c) 0.91 indicates exponential decay rate. It is a fixed percentage by which the value of the car decreases every year. It is determined by (1 - rate of decay)

the functions have the same rate of change i think. i narrowed it down to this answer and "the rate of change of tour 1 is greater" but i got it wrong using that answer so im assuming its the answer above. (this is a question i also answered from the iready site if anyone needs a reference)

twenty-six miles over two gallons because the proportion for the original 13 miles to one gallon would be written 13/1 and, doing the same thing to the top and bottom, i multiplied by 2 and got 26/2