Problem 1: Your new computer cost $1500 but it depreciates (decreases)
in value by about 18% each year. How much does it cost after 15 years?
a) Does this equation represent growth
or decay? Circle one.
growth decay
b) Identify the initial amount
c) Identify the growth or decay rate
d) Write an exponential function to
model the situation
Y = A (1 r)'
e) How much does the computer cost
after 15 years?
Students, draw anywhere on this slide!