A restaurant purchased kitchen equipment on January 1, 2015. On January 1, 2018, the value of the equipment was $14,650. The value after that date was modeled as follows. V(t) = 14,650e-0.158t a. What is the rate of change in the value of the equipment on January 1, 2018? Round to two decimal places as needed. b. What was the original value of the equipment on January 1, 2015? Round to two decimal places as needed.

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter8: Introduction To Functions
Section8.10: Inverse Variation
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A restaurant purchased kitchen equipment on January 1, 2015. On January 1, 2018, the value
of the equipment was $14,650. The value after that date was modeled as follows.
V (t) = 14,650e-0.158t
a. What is the rate of change in the value of the equipment on January 1, 2018? Round to two
decimal places as needed.
b. What was the original value of the equipment on January 1, 2015? Round to two decimal places as
needed.
Transcribed Image Text:A restaurant purchased kitchen equipment on January 1, 2015. On January 1, 2018, the value of the equipment was $14,650. The value after that date was modeled as follows. V (t) = 14,650e-0.158t a. What is the rate of change in the value of the equipment on January 1, 2018? Round to two decimal places as needed. b. What was the original value of the equipment on January 1, 2015? Round to two decimal places as needed.
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