Big Ideas Math - Algebra 1, A Common Core Curriculum

Published by Big Ideas Learning LLC
ISBN 10: 978-1-60840-838-2
ISBN 13: 978-1-60840-838-2

Chapter 6 - Exponential Functions and Sequences - 6.4 - Exponential Growth and Decay - Exercises - Page 319: 21

Answer

Initial amount $a=240$ Rate of decay $r=0.25=25\%$ At $t=3,g(3)\approx101.3$.

Work Step by Step

The given expression is $\Rightarrow g(t)=240(0.75)^t$ $\Rightarrow g(t)=240(1-0.25)^t$ The standard form of an exponential decay function is $y=a(1-r)^t$ Initial amount $a=240$ Rate of decay $r=0.25=25\%$ Substitute $3$ for $t$. $\Rightarrow g(3)=240(0.75)^3$ Evaluate the power. $\Rightarrow g(3)=240(0.421875)$ Simplify. $\Rightarrow g(3)=101.25$ Round to the nearest tenth. $\Rightarrow g(3)\approx101.3$.
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