Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t) 19,691 (0.766)*. What is the rate of depreciation (in dollars per year) after 2 years? Round to the nearest cent. The car is depreciating at $. per year. NOTE: The rate of depreciation is |R'(t)]. Your answer should be positive.

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Resale Value

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Resale Value
The estimated resale value R (in dollars) of a company car after t years is
given by
R(t) 19,691 (0.766)*.
What is the rate of depreciation (in dollars per year) after 2 years?
Round to the nearest cent.
The car is depreciating at $.
per year.
NOTE: The rate of depreciation is |R'(t)]. Your answer should be positive.
Transcribed Image Text:Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t) 19,691 (0.766)*. What is the rate of depreciation (in dollars per year) after 2 years? Round to the nearest cent. The car is depreciating at $. per year. NOTE: The rate of depreciation is |R'(t)]. Your answer should be positive.
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