Concept explainers
To write: A function to represent the value of desktop computer after years with an initial value of , then to write an equivalent function that represents the value of desktop computer with only one compounding per year, determine the effective yearly rate of the decrease in the value of desktop computer, then determine the type of computer decreasing in value at a faster rate.
Answer to Problem 4PPS
Laptop computer is decreasing in value at a faster rate.
Explanation of Solution
Given information: Value of laptop computer decreases at a rate of
Calculation:
Substituting the values in the formula to derive the required function,
Writing an equivalent function that represents the value of desktop computer with only one compounding per year,
Calculating effective yearly rate of depreciation in value of desktop computer,
Effective yearly rate of depreciation in value of desktop computer is
Yearly rate of depreciation in value of laptop computer is
Chapter 7 Solutions
Algebra 1, Homework Practice Workbook (MERRILL ALGEBRA 1)
Additional Math Textbook Solutions
Calculus: Early Transcendentals (2nd Edition)
Basic Business Statistics, Student Value Edition
Elementary Statistics (13th Edition)
Thinking Mathematically (6th Edition)
Algebra and Trigonometry (6th Edition)
- Algebra and Trigonometry (6th Edition)AlgebraISBN:9780134463216Author:Robert F. BlitzerPublisher:PEARSONContemporary Abstract AlgebraAlgebraISBN:9781305657960Author:Joseph GallianPublisher:Cengage LearningLinear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage Learning
- Algebra And Trigonometry (11th Edition)AlgebraISBN:9780135163078Author:Michael SullivanPublisher:PEARSONIntroduction to Linear Algebra, Fifth EditionAlgebraISBN:9780980232776Author:Gilbert StrangPublisher:Wellesley-Cambridge PressCollege Algebra (Collegiate Math)AlgebraISBN:9780077836344Author:Julie Miller, Donna GerkenPublisher:McGraw-Hill Education