Calculate the percent change in the price of each item or service. Remember that if the price decreases then the percent change will be a negative number.
a. The price of a jar of peanut butter went from $5.99 to $6.89. What was the percent change in the price?
b. The cost of a haircut was reduced for a holiday weekend from $13.99 to $7.99. What was the percent change in the price?
c. The cost of an oil change increased to $43.99 from $39.95. What was the percent change in the price?
d. The price of a new car was reduced to $22,959.00 from its original price of $24,899.00. What was the percent change in the price?
Wendy's car was worth $13,500 at the beginning of 2000 and the value of the car decreased exponentially, decreasing by 17% each year.
a. Define a function f that determines the value of Wendy's car (in dollars) in terms of the number of years t since the beginning of 2000.
b. How many years after the beginning of 2000 was Wendy's car worth $6,000?