Mathematics, 08.12.2020 04:10 sotoamerica0814
HELP
The price of fuel may increase due to demand and decrease due to over production. Emily is studying a change in the price of two types of fuel a and B overtime. The price f(x), in dollars, of fuel A after x months is represented by the function below.
F(x)=2.96(1.04)^x
PART A: is the price A fuel a increasing or decreasing and by what percentage per month? Justify your answer.
PART B: The table below shows the price g(m) in dollars of B fuel after m months.
m (number of months): 1 2 3 4
g(m) (price in dollars):3.04 3.22 3.41 3.61
Which type of fuel recorded a greater percentage change in price over the previous month? Justify your answer.
Answers: 1
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