The estimated resale value R (in dollars) of a company car after t years is given by R(t) = 24,319 (0.831)*. What is the rate of depreciation (in dollars per year) after 2 years? Round to the nearest cent. The car is depreciating at $ per year. NOTE: The rate of depreciation is |R' (t). Your answer should be positive.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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Author:Carter
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Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
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What is the rate of depreciation (in dollars per year) after 2 years?  Round to the nearest cent.

The car is depreciating at $                 per year. 

 

Resale Value
The estimated resale value R. (in dollars) of a company car after t years is
given by
R(t) = 24,319 (0.831)*.
What is the rate of depreciation (in dollars per year) after 2 years?
Round to the nearest cent.
The car is depreciating at $
per year.
NOTE: The rate of depreciation is | R' (t)|. Your answer should be
positive.
Transcribed Image Text:Resale Value The estimated resale value R. (in dollars) of a company car after t years is given by R(t) = 24,319 (0.831)*. What is the rate of depreciation (in dollars per year) after 2 years? Round to the nearest cent. The car is depreciating at $ per year. NOTE: The rate of depreciation is | R' (t)|. Your answer should be positive.
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