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A restaurant purchased kitchen equipment on January 1, 2017. On January 1, 2019, the value of the equipment was $14,550. The value after that date was modeled as follows. V(1) = 14,550 e -0.1691 a) What is the rate of change in the value of the equipment on January 1, 2019? b) What was the original value of the equipment on January 1, 2017? a) The rate of change in the value of the equipment on January 1, 2019 was (Type an integer or decimal rounded to two decimal places as needed.) dollars per year.

A restaurant purchased kitchen equipment on January 1, 2017. On January 1, 2019, the value of the equipment was $14,550. The value after that date was modeled as follows. V(1) = 14,550 e -0.1691 a) What is the rate of change in the value of the equipment on January 1, 2019? b) What was the original value of the equipment on January 1, 2017? a) The rate of change in the value of the equipment on January 1, 2019 was (Type an integer or decimal rounded to two decimal places as needed.) dollars per year.

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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A restaurant purchased kitchen equipment on January 1, 2017. On January 1, 2019, the value of the equipment was $14,550. The value after that date was modeled as follows. V(1) = 14,550 e -0.1691 a) What is the rate of change in the value of the equipment on January 1, 2019? b) What was the original value of the equipment on January 1, 2017? a) The rate of change in the value of the equipment on January 1, 2019 was ir (Type an integer or decimal rounded to two decimal places as needed.) dollars per year.
Transcribed Image Text:A restaurant purchased kitchen equipment on January 1, 2017. On January 1, 2019, the value of the equipment was $14,550. The value after that date was modeled as follows. V(1) = 14,550 e -0.1691 a) What is the rate of change in the value of the equipment on January 1, 2019? b) What was the original value of the equipment on January 1, 2017? a) The rate of change in the value of the equipment on January 1, 2019 was ir (Type an integer or decimal rounded to two decimal places as needed.) dollars per year.
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