A restaurant purchased kitchen equipment on January 1, 2017. On January 1, 2019, the value of the equipment was D $14,550. The value after that date was modeled as follows. - 0.168t V(t) = 14,550 e a) What is the rate of change in the value of the equipment on January 1, 2019? b) What was the original value of the equipment on January 1, 2017? ... d a) The rate of change in the value of the equipment on January 1, 2019 was (Type an integer or decimal rounded to two decimal places as needed.) dollars per year. b) The original value of the equipment on January 1, 2017 was $ (Type an integer or decimal rounded to two decimal places as needed.)

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 105E
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A restaurant purchased kitchen equipment on January 1, 2017. On January 1, 2019, the value of the equipment was
D $14,550. The value after that date was modeled as follows.
- 0.168t
V(t) = 14,550 e
a) What is the rate of change in the value of the equipment on January 1, 2019?
b) What was the original value of the equipment on January 1, 2017?
a) The rate of change in the value of the equipment on January 1, 2019 was dollars per year.
(Type an integer or decimal rounded to two decimal places as needed.)
b) The original value of the equipment on January 1, 2017 was $.
(Type an integer or decimal rounded to two decimal places as needed.)
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Transcribed Image Text:A restaurant purchased kitchen equipment on January 1, 2017. On January 1, 2019, the value of the equipment was D $14,550. The value after that date was modeled as follows. - 0.168t V(t) = 14,550 e a) What is the rate of change in the value of the equipment on January 1, 2019? b) What was the original value of the equipment on January 1, 2017? a) The rate of change in the value of the equipment on January 1, 2019 was dollars per year. (Type an integer or decimal rounded to two decimal places as needed.) b) The original value of the equipment on January 1, 2017 was $. (Type an integer or decimal rounded to two decimal places as needed.) Next e Type here to search
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