please answer all 3 and show work

Please Answer All 3 And Show Work

Answers

Answer 1

The equation of the Damari's investment is B(x) = 30000 * 1.03ˣ

Sky's family should take the offer of $5000 for the boatThe rule of the function is f(x) = 8 * 0.6ˣ

Calculating the equations of the functions

Damari's investment

Given that

Initial value, a = 30000

B(3) = 32306.72

The function is calculated as

B(x) = a * bˣ

Using B(3), we have

30000 * b³ = 32306.72

So, we have

b³ = 1.077

Take the cube root of both sides

b = 1.03

So, we have

B(x) = 30000 * 1.03ˣ

So, the function is B(x) = 30000 * 1.03ˣ

The boat of Sky's family

Here, we have

Initial value = 6000

Rate of depreciation = 6%

So, the function is

f(x) = 6000 * (1 - 6%)ˣ

So, we have

f(x) = 6000 * (0.94)ˣ

In 2024, we have

x = 2024 - 2021

x = 3

So, we have

f(3) = 6000 * (0.94)³

Evaluate

f(3) = 4983.50

This value is less than the offered value of $5000

This means that Sky's family should take the offer

The rule of the function

Here, we have the graph

From the graph, we have

Initial value, a = 8

Rate, b = 4.8/8

So, we have

Rate, b = 0.6

So, the function is

f(x) = 8 * 0.6ˣ

Read more about exponential functions at

https://brainly.com/question/2456547

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