Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t) 19,691 (0.766)*. 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.
Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t) 19,691 (0.766)*. 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.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.6: Exponential And Logarithmic Equations
Problem 58E
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Resale Value
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![Resale Value
The estimated resale value R (in dollars) of a company car after t years is
given by
R(t) 19,691 (0.766)*.
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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e8b6630-b12f-43bb-806a-258a519a316d%2F849349ff-3d8c-4726-8df1-c5ce541f0277%2F3l5uj0l_processed.png&w=3840&q=75)
Transcribed Image Text:Resale Value
The estimated resale value R (in dollars) of a company car after t years is
given by
R(t) 19,691 (0.766)*.
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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