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F-BF.1.a Warmup M2-014-A07-V02

Build quadratic and exponential functions from context using explicit formulas, recursive processes, or calculation steps.

Build an exponential function from a starting amount and percent change

Problem

Write the yearly value model for a \(\$24,000\) car losing \(15\%\) annually. Convert \(15\%\) to \(0.15\), subtract from \(1\) to find the retained fraction, and verify the initial and one-year values.

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Four variants of this problem type
Curriculum context
Course
Math II
Standard
F-BF.1.a
Category
Functions
Domain
Building Functions
Objective
Build quadratic and exponential functions from context using explicit formulas, recursive processes, or calculation steps.
Problem type
Build an exponential function from a starting amount and percent change