B. Determining Exponential Equations. Jerald is investigating the typical depreciation rate for the used automobile he intends to purchase next month. He has collected the following data about an automobile purchased in 1999 for $12,500.00: 5. # Years After 1 5. 1999 Value (Š) 12 5000.0o 10. 750.00 8.000.00 5.800.00

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 40E
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I need help. Your just finding the substitution method.
2 .. .. 3
B. Determining Exponential Equations.
Jerald is investigating the typical depreciation rate for the used automobile he
intends to purchase next month. He has collected the following data about an
automobile purchased in 1999 for $12,500.00:
5.
# Years After
1999
1
3.
5.
Value ($)
12,5000.00
10,750.00
8,000.00
5,800.00
I
Using Jerald's data, find the best-fit exponential equation for this depreciation,
through both the substitution method and the calculator's regression tool.
a.
Substitution Method:
Transcribed Image Text:2 .. .. 3 B. Determining Exponential Equations. Jerald is investigating the typical depreciation rate for the used automobile he intends to purchase next month. He has collected the following data about an automobile purchased in 1999 for $12,500.00: 5. # Years After 1999 1 3. 5. Value ($) 12,5000.00 10,750.00 8,000.00 5,800.00 I Using Jerald's data, find the best-fit exponential equation for this depreciation, through both the substitution method and the calculator's regression tool. a. Substitution Method:
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