Q.1
Determine whether the graph represents exponential decay or exponential growth:
Exponential Growth
Exponential Decay
Q.2
A family purchases a car for $11,000. The car depreciates (loses value) at a rate of about 16% annually. Write a function that models the value of the car over time. Use the equation:
V=11,000(16)^t
V=(11,000-0.16)^t
V=11,000(1-0.16)^t
V=11,000(1.16)^t