Oliver purchased a luxury sedan for $32,450. After doing some research he discovered the vehicle will depreciate by 6% each year. The function f(x) represents the value of the vehicle after x years since it was purchased. f(x)=32,450(0.94)" 11. Write an equation that can be used to determine when the vehicle will be worth half of what Oliver paid for it. 2. The graph represents f(x) and y- 16,225. What does point A represent in the situation?
Oliver purchased a luxury sedan for $32,450. After doing some research he discovered the vehicle will depreciate by 6% each year. The function f(x) represents the value of the vehicle after x years since it was purchased. f(x)=32,450(0.94)" 11. Write an equation that can be used to determine when the vehicle will be worth half of what Oliver paid for it. 2. The graph represents f(x) and y- 16,225. What does point A represent in the situation?
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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