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1. The trend in iPhones over the past decade shows that the average iPhone depreciates by 53% per year. This can be modeled by the
1. The trend in iPhones over the past decade shows that the average iPhone depreciates by 53% per year. This can be modeled by the equation V(!) = V, (1 -0.53)' where t is in years. Manipulate this equation so that it models the value of the average iPhone after w weeks. O WW)= V. (0. 47) " O WW) = V. (0.9856) " O WW)= V. (8.89) " O V(w) = V. (0.009) W 2. What value of x satisfies the following equation? 9* -1 = 27* (Only type your numerical answer in the answer box.)Q 3. Rewrite the following expression with only x in the exponent: 64 32 32* O Q 4. How much better is the return on a 7% yearly interest rate investment that is compounded daily as opposed to compounded monthly? Show all of your reasoning to justify your answer.
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