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: 24

Answer

Initial amount $a=1250$ Rate of decay $r=13.5\%$ At $t=3,h(3)\approx809.0$

Work Step by Step

The given expression is $\Rightarrow h(t)=1250(0.865)^t$ $\Rightarrow h(t)=1250(1-0.135)^t$ The standard form of an exponential decay function is $y=a(1-r)^t$ Initial amount $a=1250$ Rate of decay $r=0.135=13.5\%$ Substitute $3$ for $t$. $\Rightarrow h(3)=1250(0.865)^3$ Evaluate the power. $\Rightarrow h(3)=1250(0.647214625)$ Simplify. $\Rightarrow h(3)=809.01828125$ Round to the nearest tenth. $\Rightarrow h(3)\approx 809.0$
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