8. The value of an automobile decreases each year and is described by the equation Vt) = 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. - $1250/year b. - $950/year c. - $150/year d. $150/year
8. The value of an automobile decreases each year and is described by the equation Vt) = 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. - $1250/year b. - $950/year c. - $150/year d. $150/year
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:8. The value of an automobile decreases each year and is described by the equation
Vt) = 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. - $1250/year
b. - $950/year
c. - $150/year
d. $150/year
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