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Question 1 3 pts Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t)
Question 1 3 pts Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t) = 17,331 (0.833)*. What is the rate of depreciation (in dollars per year) after 4 years? Round to the nearest cent. The car is depreciating at $ per year. NOTE: The rate of depreciation is | R' (t). Your answer should be positive. Continuous Compound Interest II An investment of $10,000 earns interest at an annual rate of 6.7% compounded continuously. Use this information to answer questions 2-3 below. Question 2 3 pts Use the Continuous Compound Interest II information above to answer this question. Find the instantaneous rate of change in the amount in the account after 3 years (in dollars per year). Round to the nearest cent. =$ per year. Question 3 4 pts Use the Continuous Compound Interest II information above to answer this question. Find the instantaneous rate of change in the amount in the account at the time the amount is equal to $12,387. Round to the nearest cent. per year.
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