Elias purchases a home for $38,900. The value of the home, in thousands of dollars, since his purchase is shown in the table. Find an exponential function that models the data. Round numerical values to the nearest hundredth. Let x be the number of years since the purchase. The function f (x) = () x models the data. Use the model to predict the home's value. After 12 years, the home's value will be about $thousand. After 35 years, the home's value will be about $thousand.

Question

29 May, 06:20

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Answers (2)

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Mason Mack · Answer 1

F (x) = 39.59 (1.09) ^x

After 12 years: 111

After 35 years: 808

Jocelyn Fry · Answer 2

F (x) = 39.59

(1.09)

After 12 years: 111

After 35 years: 808