Due to $favorable$ market conditions, a company's annual $costs$ $are$ expected to decrease by $5%$5% per year for the next few years. Their annual $costs$ for the current financial year $are$ $\$322000$$322000.

Easy

2min

Outcomes

A.CED.2^

Create equations in two or more variables to represent relationships between quantities; graph equations on coordinate axes with labels and scales. ^Equations using all available types of expressions, including simple root functions

F.IF.4^

For a function that models a relationship between two quantities, interpret key features of graphs and tables in terms of the quantities, and sketch graphs showing key features given a verbal description of the relationship. Key features include: intercepts; intervals where the function is increasing, decreasing, positive, or negative; relative maximums and minimums; symmetries; end behavior; and periodicity. ^Emphasize selection of appropriate models

F.IF.8^

Write a function defined by an expression in different but equivalent forms to reveal and explain different properties of the function. ^Focus on using key features to guide selection of appropriate type of model function

F.IF.8b^

Use the properties of exponents to interpret expressions for exponential functions. ^Focus on using key features to guide selection of appropriate type of model function

6.02 Applications of exponential functions

Interactive practice questions

Outcomes

A.CED.2^

F.IF.4^

F.IF.8^

F.IF.8b^

What is Mathspace

About Mathspace