Part 4 of 4 (d) To the nearest dollar, determine the value of the vehicle after 4 yr and after 6 yr using the exponential model. According to the exponential model, the vehicle will be worth $ after 4 years, and $ after 6 years.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 92E
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Part 4 of 4
(d) To the nearest dollar, determine the value of the vehicle after 4 yr and after 6 yr using the exponential model.
According to the exponential model, the vehicle will be worth $
after 4 years, and $
after 6 years.
Transcribed Image Text:Part 4 of 4 (d) To the nearest dollar, determine the value of the vehicle after 4 yr and after 6 yr using the exponential model. According to the exponential model, the vehicle will be worth $ after 4 years, and $ after 6 years.
A delivery truck is purchased new for $59,000.
Part 1 of 4
(a) Write a linear function of the form y=mt+b to represent the value yf the vehicle t years after purchase. Assume that the vehicle is
depreciated by $6520 per year.
y= 6520t + 59000
Part 2 of 4
(b) Suppose that the vehicle is depreciated so that it holds 70% of its value from the previous year. Write an exponential function of the form
y=Vb', where V, is the initial value and t is the number of years after purchase.
y=
Part 3 of 4
(c) To the nearest dollar, determine the value of the vehicle after 4 yr and after 6 yr using the linear model.
According to the linear model, the vehicle will be worth
after 4 years, and $
after 6 years.
Transcribed Image Text:A delivery truck is purchased new for $59,000. Part 1 of 4 (a) Write a linear function of the form y=mt+b to represent the value yf the vehicle t years after purchase. Assume that the vehicle is depreciated by $6520 per year. y= 6520t + 59000 Part 2 of 4 (b) Suppose that the vehicle is depreciated so that it holds 70% of its value from the previous year. Write an exponential function of the form y=Vb', where V, is the initial value and t is the number of years after purchase. y= Part 3 of 4 (c) To the nearest dollar, determine the value of the vehicle after 4 yr and after 6 yr using the linear model. According to the linear model, the vehicle will be worth after 4 years, and $ after 6 years.
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