Barnaby’s grandfather is always complaining that
Assuming the price has increased exponentially and that same dinner never cost less than
, write the equation of a function that models the cost in relationship to the number of years from now.
Begin by defining variables.
the number of years
the cost of a dinner
You need to write an equation of the form
Use the points
and . The horizontal asymptote (or vertical shift in this case) is (or ).
How much would you expect the same dinner to cost
years from now?
in your equation from part (a).
Answers vary depending on precision used, about