The table shows the values (in thousands) of the average salary of NBA players x years after 1990. Write and use an exponential model to find the year when the average NBA player's salary will be more than $3 million
1
2
Years, X
3
4
5
0
15
30
Salary, y
60
240
480
120
Write an exponential model for this situation
(put parentheses around the "b" value)
What is the projected salary in 9 years?
In what year would the salary be more than $3 million? (round to two decimal places)

Step-by-step explanation:

From the given table,

Ratio of each successive term in the row showing salary (y) is,

Ratio = = 2

Therefore, function representing the relation between average salary (y) and years (x) will be the exponential function.

y = a(b)ˣ

For x = 0, y = 15,

15 = a(b)⁰

a = 15

For x = 1, y = 30,

30 = 15(b)¹

b = 2

Therefore, exponential function Or exponential model will be,

y = 15(2)ˣ

Projected salary in 9 years [For x = 9],

y = 15(2)⁹

y = 15 × 512

y = $7680

For the salary more than $3 million [For y = $3000000],

3000000 = 15(2)ˣ

2ˣ = 200000

log(2)ˣ = log(200000)

xlog2 = log(2×10⁵)

xlog2 = log2 + log(10)⁵

(x - 1)log2 = 5

x - 1 =

x = 16.609 + 1

x = 17.609

x ≈ 17.61 years

to plot points   for x just start at the origin (middle) and go to the left however many times it say(if the number is a positive) if the number is a negative then go right however many times it says if it is 0 go nowhere

now keep you pencil there and go up however many times it says on y(if it is positive) if it is negative then go down however many times it says. if it says 0 go nowhere.

you have just plotted a point! now when you finish plotting all of them connect them with a ruler

plot each point as (-3, 7), (0,4), (3,1), (8,-4)   in the parenthesis on the left of the comma is x and the right is y.

true !

step-by-step explanation: