Adah has just bought a new motorcycle for $15 000. The value of the motorcycle depreciates over time. The value can be modelled by the function V (t) = 15000e, where V is the value of the motoreycle, in dollars, after t years. At what rate is the motoreycle depreciating the instant Adah has owned the motorcycle for 3 years?

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
Section2.1: Functions And Function Notation
Problem 9SC
icon
Related questions
Question
Adah has just bought a new motorcycle for $15 000. The value of the motorcycle depreciates over
time. The value can be modelled by the function V (t) = 15000e, where V is the value of the
motorcycle, in dollars, after t years. At what rate is the motorcycle depreciating the instant Adah has
owned the motorcycle for 3 years?
Transcribed Image Text:Adah has just bought a new motorcycle for $15 000. The value of the motorcycle depreciates over time. The value can be modelled by the function V (t) = 15000e, where V is the value of the motorcycle, in dollars, after t years. At what rate is the motorcycle depreciating the instant Adah has owned the motorcycle for 3 years?
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College