The value of a brand new car is $36, 000 and the value depreciates 15% every year. Write a function to represent the value of the car after t years, where the monthly rate of change can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage rate of change per month, to the nearest hundredth of a percent.
The value of a brand new car is $36, 000 and the value depreciates 15% every year. Write a function to represent the value of the car after t years, where the monthly rate of change can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage rate of change per month, to the nearest hundredth of a percent.
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The value of a brand new car is $36, 000 and the value depreciates 15% every
year. Write a function to represent the value of the car after t years, where the
monthly rate of change can be found from a constant in the function. Round
all coefficients in the function to four decimal places. Also, determine the
percentage rate of change per month, to the nearest hundredth of a percent.
Function: f(t) =|
Growth
% increase per month
Submit Answer
attempt 1 out of 2
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Transcribed Image Text:Watch help video
The value of a brand new car is $36, 000 and the value depreciates 15% every
year. Write a function to represent the value of the car after t years, where the
monthly rate of change can be found from a constant in the function. Round
all coefficients in the function to four decimal places. Also, determine the
percentage rate of change per month, to the nearest hundredth of a percent.
Function: f(t) =|
Growth
% increase per month
Submit Answer
attempt 1 out of 2
Privacy Policy Terms of Service
Copyright © 2022 DeltaMath.com. All Rights Reserved.
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