Use the following information to answer The function V(t)= 25000(0.88)' models the value of a car, t years after the car is purchased. 7. What does the 25000 represent in the equation? 7. A. The price the car is worth after t number of years. B. The initial cost of the car when it was purchased. C The percent decrease of the car. D. The amount of money the owner has in their pocket 8. Which of the following best describes this function? 8. A. Exponential Growth C. Linear Growth B. Exponential Decay D. Linear Decay 9. What percent of the car's value is lost each year? 9. A. 8.8% B. 88% C. 1.2% D. 12%

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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this keeps telling me that this is graded but it’s only a test review I got from the internet. please help me in this problem with work and the final answer
Use the following information to answer
The function (t)
25000(0.88) models the value of a car, t years after the car is purchased.
7. What does the 25000 represent in the equation?
7.
A. The price the car is worth after t number of years.
B. The initial cost of the car when it was purchased.
C. The percent decrease of the car.
D. The amount of money the owner has in their pocket
8. Which of the following best describes this function?
8.
A. Exponential Growth
C. Linear Growth
B. Exponential Decay
D. Linear Decay
9. What percent of the car's value is lost each year?
9.
A. 8.8%
B. 88%
C. 1.2%
D. 12%
Transcribed Image Text:Use the following information to answer The function (t) 25000(0.88) models the value of a car, t years after the car is purchased. 7. What does the 25000 represent in the equation? 7. A. The price the car is worth after t number of years. B. The initial cost of the car when it was purchased. C. The percent decrease of the car. D. The amount of money the owner has in their pocket 8. Which of the following best describes this function? 8. A. Exponential Growth C. Linear Growth B. Exponential Decay D. Linear Decay 9. What percent of the car's value is lost each year? 9. A. 8.8% B. 88% C. 1.2% D. 12%
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