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solving a problem with an exponential equation the value of an antique …

Question

solving a problem with an exponential equation
the value of an antique piano after x years can be modeled by ( f(x) = 180(1.05)^x ). which graph can be used to approximate the number of years x it will take for the piano’s value to be $320?
(three graphs are shown, each with an exponential curve and some annotations.)

Explanation:

Step1: Identify target value equation

Set $f(x)=80$, so:
$$10(1.25)^x = 80$$

Step2: Isolate exponential term

Divide both sides by 10:
$$(1.25)^x = 8$$

Step3: Analyze function behavior

The function $f(x)=10(1.25)^x$ is an exponential growth function (base $1.25>1$), so it increases as $x$ increases. When $x=0$, $f(0)=10$. We need to find $x$ where $f(x)=80$, so we look for a graph of an increasing exponential curve starting at $(0,10)$ that reaches $y=80$ at some positive $x$.

  • The first graph: Shows an increasing exponential curve, passes through positive $x$ for $y=80$, matches the function's growth and starting value.
  • The second graph: Includes negative $y$ axis values, which does not make sense for a monetary value (cannot be negative).
  • The third graph: Starts near $x=-1$ with $f(x)\approx0$, but $f(0)=10$, so this does not match the initial value.

Answer:

The first leftmost graph is the correct one to approximate the number of years.