11) The price of a truck will depreciate exponentially from $45,000 in 2015 to $13,000 in 2021. a) What is the rate of depreciation of the truck?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter10: Exponential And Logarithmic Functions
Section10.2: Applications Of Exponential Functions
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Question 11 (a) Please show full work
11) The price of a truck will depreciate exponentially from $45,000 in 2015 to $13,000 in
2021.
a) What is the rate of depreciation of the truck?
Transcribed Image Text:11) The price of a truck will depreciate exponentially from $45,000 in 2015 to $13,000 in 2021. a) What is the rate of depreciation of the truck?
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