A car was valued at $33,000 in the year 1994. The value depreciated to $12,000 by the year 2006. A) What was the annual rate of change between 1994 and 2006? r = Round the rate of decrease to 4 decimal places. B) What is the correct answer to part A written in percentage form? r = %. 4 C) Assume that the car value continues to drop by the same percentage. What will the value be in the year 2010? value = $ Round to the nearest 50 dollars.
A car was valued at $33,000 in the year 1994. The value depreciated to $12,000 by the year 2006. A) What was the annual rate of change between 1994 and 2006? r = Round the rate of decrease to 4 decimal places. B) What is the correct answer to part A written in percentage form? r = %. 4 C) Assume that the car value continues to drop by the same percentage. What will the value be in the year 2010? value = $ Round to the nearest 50 dollars.
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 car was valued at $33,000 in the year 1994. The value depreciated to $12,000 by the year 2006.
A) What was the annual rate of change between 1994 and 2006?
r =
Round the rate of decrease to 4 decimal places.
B) What is the correct answer to part A written in percentage form?
T =
%.
C) Assume that the car value continues to drop by the same percentage. What will the value be in the year
2010 ?
value = $
Round to the nearest 50 dollars.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F44572439-aee9-40a4-8ec4-b1e043de89f6%2F406064c7-701a-45fb-90e9-baa742e8fa5d%2Fhu378k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A car was valued at $33,000 in the year 1994. The value depreciated to $12,000 by the year 2006.
A) What was the annual rate of change between 1994 and 2006?
r =
Round the rate of decrease to 4 decimal places.
B) What is the correct answer to part A written in percentage form?
T =
%.
C) Assume that the car value continues to drop by the same percentage. What will the value be in the year
2010 ?
value = $
Round to the nearest 50 dollars.
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