Problem 784

An antique table in value according to the function v(x) = 650(1.07)x dollars, where x is the number of years after 1980.

A)     How much was the table worth in 1980?

B)      If the pattern indicated by the function remains valid, what was the value of the table in 2000?

C)      Use a table or a graph to estimate the year when this table will reach double its 1980 value.

 

Solution:-

 

A)     The table was worth 650 in 1980.  B)      The value of the table was 2515.29 in 2000.

C)      By the model, the value of this table double its 1980 value in the year 1990.

 

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