Question 7 (1 point) The value of an automobile decreases each year and is described by the equation V(t) = 24 000(0.95)*, where t is the number of years after the car is purchased. Estimate the rate at which the value of the auto is changing 5 years after it is purchased. a) -$950/year b) $150/year c) -$150/year d) -$1250/year

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter3: Linear And Nonlinear Functions
Section: Chapter Questions
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Question 7 (1 point)
The value of an automobile decreases each year and is described by the equation
V(t) = 24 000(0.95)*, where t is the number of years after the car is purchased. Estimate
the rate at which the value of the auto is changing 5 years after it is purchased.
a) -$950/year
b) $150/year
c) -$150/year
d) -$1250/year
Transcribed Image Text:Question 7 (1 point) The value of an automobile decreases each year and is described by the equation V(t) = 24 000(0.95)*, where t is the number of years after the car is purchased. Estimate the rate at which the value of the auto is changing 5 years after it is purchased. a) -$950/year b) $150/year c) -$150/year d) -$1250/year
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