Mathematics, 26.02.2021 23:50 michellemunoz250

25 POINTS The price of products may increase due to inflation and decrease due to depreciation. Derek is studying the change in the price of two products, A and B, over time.

The price f(x), in dollars, of product A after x years is represented by the function below:

f(x) = 72(1.25)x

Part A: Is the price of product A increasing or decreasing and by what percentage per year? Justify your answer. (5 points)

Part B: The table below shows the price f(t), in dollars, of product B after t years:

t (number of years) 1 2 3 4

f(t) (price in dollars) 65 84.5 109.85 142.81

Which product recorded a greater percentage change in price over the previous year? Justify your answer. (5 points)

Answers: 2

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25 POINTS The price of products may increase due to inflation and decrease due to depreciation. Der...

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