In each of problems 1 - 4, find
(a) an ordered pair that is a solution of the equation,
(b) the intercepts of the graph, and
(c) determine if the graph has symmetry.
1.
2.
3.
4.
5. Once a car is driven off of the dealership lot, it loses a significant amount of its resale value. The graph below shows the depreciated value of a BMW versus that of a Chevy after years. Which of the following statements is the best conclusion about the data?
a. You should buy a BMW because they are better cars.
b. BMWs appear to retain their value better than Chevys.
c. The value of each car will eventually be .
6. Which of the following graphs is a more realistic representation of the depreciation of cars.
7. A rectangular swimming pool has length that is greater than its width.
a. Give the area enclosed by the pool as a function of its width.
b. Find the dimensions of the pool if it encloses an area of .
8. Suppose you purchased a car in 2004 for You have just found out that the 2008 value of your car is Assuming that the rate of depreciation of the car is constant, find a formula that shows changing value of the car from 2004 to 2008.
(Hint: Exponential growth and decay formula: y = a (bx) )
9. For problem #8, in what year will the value of the vehicle be less than ?
10. For problem #8, explain why using a constant rate of change ( a linear equation) for depreciation may not be the best way to model depreciation.
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