Back to Interpret parameters in context — Problem 1 · Task Set 61

HSF.LE.B.5 Tutor Intake — Interpreting Linear and Exponential Parameters

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Grade 9·11 problems·~13 min·Common Core Math - HS Functions·group·hsf-le-b-5
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Procedures

1.

The function V(t)=24000(0.85)tV(t) = 24000 \cdot (0.85)^{t} models the value of a car (in dollars) tt years after purchase.

What is the initial value of the car (in dollars)?