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.
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
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
Problem 31HP
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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.
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