A new phone’s value depreciates on average by 30% each year shown by the equation: If you buy a phone for $800, how many years will it take to be valued at $250?
A new phone’s value depreciates on average by 30% each year shown by the equation: If you buy a phone for $800, how many years will it take to be valued at $250?
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 64SE: A car was valued at 38,000 in the year 2007. By 2013, the value had depreciated to 11,000 If the...
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- A new phone’s value depreciates on average by 30% each year shown by the equation: If you buy a phone for $800, how many years will it take to be valued at $250?
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can you please further explain the rationale behind this
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