ob ni 4 Andreas buys a new sailboat for $15,540. He estimates that the boat will depreciate by 5% each year. Which exponential function models this situation? F y= 15,540(1.05)× y= 15,540(0.95)* G. Hy = -15,540(0.95)* etioo06 e 100101- J yo 15,540(1.05)* sied

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter5: Exponential And Logarithmic Functions
Section5.1: Exponential Functions And Their Graphs
Problem 13E
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ob ni
4 Andreas buys a new sailboat for $15,540.
He estimates that the boat will depreciate by
5% each year. Which exponential function
models this situation?
F y= 15,540(1.05)×
y= 15,540(0.95)*
G.
Hy = -15,540(0.95)*
etioo06 e
100101-
J yo 15,540(1.05)*
sied
Transcribed Image Text:ob ni 4 Andreas buys a new sailboat for $15,540. He estimates that the boat will depreciate by 5% each year. Which exponential function models this situation? F y= 15,540(1.05)× y= 15,540(0.95)* G. Hy = -15,540(0.95)* etioo06 e 100101- J yo 15,540(1.05)* sied
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