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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) 19,831 (0.76)*. What is the rate of depreciation (in dollars per year) after 5 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) 19,831 (0.76)*. What is the rate of depreciation (in dollars per year) after 5 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.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter6: Rates Of Change
Section6.4: Equations Of Change: Linear And Exponential Functions
Problem 4SBE: New Equation of Change? The tax liability T in dollars, for a company that has an initial tax...
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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) = 19,831 (0.76)*. What is the rate of depreciation (in dollars per year) after 5 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) = 19,831 (0.76)*. What is the rate of depreciation (in dollars per year) after 5 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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