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Acme Batteries is introducing a new line of battery packs for electric vehicles. The cost of fabricating the first battery pack is $ 3 ,

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Acme Batteries is introducing a new line of battery packs for electric vehicles. The cost of fabricating the
first battery pack is $3,200 with a learning rate of 0.7.
a) What is the cost of the 100th battery pack to the nearest cent? Provide an explanation.
b) Create an Excel spreadsheet based on the above, change the number of units and compute the cost
per battery pack repeatedly to experimentally determine at what number of units of production the
cost comes down to exactly $50 per battery pack. Copy and paste a screenshot of the spreadsheet
below (do not submit an Excel file). Provide an explanation.
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