Mathematics, 15.12.2019 22:31, carolinerosewillis
The price of fuel may increase due to demand and decrease due to overproduction. marco is studying the change in the price of two types of fuel, a and b, over time.
the price f(x), in dollars, of fuel a after x months is represented by the function below:
f(x) = 2.96(1.04)x
part a: is the price of fuel a increasing or decreasing and by what percentage per month? justify your answer. (5 points)
part b: the table below shows the price g(m), in dollars, of fuel b after m months:
m (number of months)
1
2
3
4
g(m) (price in dollars)
3.04
3.22
3.41
3.61
which type of fuel recorded a greater percentage change in price over the previous month? justify your answer. (5 points)
Answers: 1
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