MA19.A1.27

Interpret the parameters of functions in terms of a context. Extend from linear functions, written in the form $mx + b$, to exponential functions, written in the form $ab^x$.

COS Examples

Example: If the function $V(t) = 19885(0.75)^t$ describes the value of a car after it has been owned for $t$ years, 19885 represents the purchase price of the car when $t = 0$, and 0.75 represents the annual rate at which its value decreases.