Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A car was valued at $38,000 in the year 1993. The value depreciated to $11,000 by the year 2004. A) What was the annual rate
A car was valued at $38,000 in the year 1993. The value depreciated to $11,000 by the year 2004. A) What was the annual rate of change between 1993 and 2004? r = Round the rate of decrease to 4 decimal places. B) What is the correct answer to part A written in percentage form? r: %. C) Assume that the car value continues to drop by the same percentage. What will the value be in the year 2007 ? value = $ Round to the nearest 50 dollars. The fox population in a certain region has an annual growth rate of 6 percent per year. It is estimated that the population in the year 2000 was 11400. (a) Find a function that models the population t years after 2000 (t : 0 for 2000). Your answer is P(t) : :l (b) Use the function from part (a) to estimate the fox population in the year 2008. Your answer is (the answer should be an
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started