The function f(t) = 85000(.92)' represents the value of your truck after t years. a) Does the function represent exponential growth or exponential decay? b) What is the original price of the truck? c) What is the yearly percent change? d) What is the truck worth after 10 years?
The function f(t) = 85000(.92)' represents the value of your truck after t years. a) Does the function represent exponential growth or exponential decay? b) What is the original price of the truck? c) What is the yearly percent change? d) What is the truck worth after 10 years?
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter4: Exponential Functions
Section4.2: Constant Percentage Change
Problem 29SBE: Round each percentage increase or decrease that you calculate to the nearest tenth of a percent....
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![3. . The function f(t)
= 85000(.92)'represents the value of your truck after t years.
a) Does the function represent exponential growth or exponential decay?
b) What is the original price of the truck?
c) What is the yearly percent change?
d) What is the truck worth after 10 years?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F57baf29a-a847-4e0e-bc99-9e11975af696%2F237cbb9b-b9f4-4159-8d20-1877745e95a1%2F0rcjcwj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:3. . The function f(t)
= 85000(.92)'represents the value of your truck after t years.
a) Does the function represent exponential growth or exponential decay?
b) What is the original price of the truck?
c) What is the yearly percent change?
d) What is the truck worth after 10 years?
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