Consider the constant rate of depreciation value of a certain car. You bought a car amounting to 1.5 million. After 2 years, the value decreased to 1.2 million. If the amount of the car is directly proportional to the constant rate of decay in amount and such decrease in amount continues at the same rate, then how much is the estimated value of the car after 10 years?
Consider the constant rate of depreciation value of a certain car. You bought a car amounting to 1.5 million. After 2 years, the value decreased to 1.2 million. If the amount of the car is directly proportional to the constant rate of decay in amount and such decrease in amount continues at the same rate, then how much is the estimated value of the car after 10 years?
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 67SE: Alyssa opened a retirement account with 7.25 APRin the year 2000. Her initial deposit was 13,500....
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Consider the constant rate of depreciation value of a certain car. You bought a car amounting to 1.5 million. After 2 years, the value decreased to 1.2 million. If the amount of the car is directly proportional to the constant rate of decay in amount and such decrease in amount continues at the same rate, then how much is the estimated value of the car after 10 years?
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