Exponential equation word problems

Algebra
Tutor: None Selected Time limit: 1 Day

Feb 9th, 2015

I plugged the information from the given table into excel and calculated a polynomial function that best fits: f(x)=0.0002x^2-0.782x^2+764.59

I plugged 2010 in for x and got $0.79

From where I sit, it is hard for me to figure why it spiked in 2008.  There must be more information somewhere.  Remembering that the recession hit in 2008, I typed "2008 recession asphalt price," and the first thing that popped up was "The perfect storm that sent liquid asphalt prices through the roof in 2009...."  I am guessing that is your answer.

I hope this is accurate and helpful.  Good luck!

Feb 9th, 2015

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Feb 9th, 2015
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Feb 9th, 2015
May 22nd, 2017
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