Functions Modeling Change: A Preparation for Calculus, 5th Edition

Published by Wiley
ISBN 10: 1118583191
ISBN 13: 978-1-11858-319-7

Chapter 4 - Exponential Functions - Review Exercises and Problems for Chapter Four - Page 177: 15

Answer

$$ \begin{array}{l|c|c|c|c|c} \hline \text { Year } & 2013 & 2014 & 2015 & 2016 & 2017 \\ \hline \text { Cost (\$) } & 126 & 132.30 & 138.92 & 145.87 & 153.15 \\ \hline \end{array} $$

Work Step by Step

The table can be generated from the following exponential function. $$ C(t)=126 \cdot (1.05)^t $$ $$ \begin{array}{l|c|c|c|c|c} \hline \text { Year } & 2013 & 2014, t=1 & 2015, t=2 & 2016 , t=3 & 2017, t=4 \\ \hline \text { Cost (\$) } & 126 & 132.30 & 138.92 & 145.87 & 153.15 \\ \hline \end{array} $$
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