A car was valued at $27,000 in the year 1994. The value depreciated to $15,000 by the year 2005. A) What was the annual rate of change between 1994 and 2005? 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 2009 ? value = $ Round to the nearest 50 dollars. Question Help: DVideo Message instructor D Post to forum

A car was valued at $27,000 in the year 1994. The value depreciated to $15,000 by the year 2005. A) What was the annual rate of change between 1994 and 2005? 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 2009 ? value = $ Round to the nearest 50 dollars. Question Help: DVideo Message instructor D Post to forum

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section6.1: Exponential Functions

Problem 3SE: The Oxford Dictionary defines the word nominal asa value that is “stated or expressed but...

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