Question
A car was valued at $28,000 in the year 1990. The value depreciated to $15,000 by the year 2000. A) What was the annual
A car was valued at $28,000 in the year 1990. The value depreciated to $15,000 by the year 2000. A) What was the annual rate of change between 1990 and 2000? T = Round the rate of decrease to 4 decimal places. B) What is the correct answer to part A written in percentage form? T = %. C) Assume that the car value continues to drop by the same percentage. What will the value be in the year 2005 ? value = $ Round to the nearest 50 dollars.
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Calculus Early Transcendentals
Authors: William L. Briggs, Lyle Cochran, Bernard Gillett
2nd edition
321954428, 321954424, 978-0321947345
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