2. Answer each of the following based on the scenario below.
Scenario: You bought a brand new iphone 13 for $1,200. Unfortunately your phone
loses 10% of its value every year.
a. Does this scenario represent exponential growth or decay? De
b. What is the initial value of your phone? 2000
c. What is the growth/decay factor? 10
d. Create a function in exponential form that models how much your phone will be worth
after x years.
f(x) =
e. After 3 years how much will your phone be worth?
. After 8 years how much will your phone be worth?