Peter buys a car for $34,000 in 2010. The value of the car decreases at the rate of 8% each year. The value of the car is p(t), where t represents the number of years since 2010. Which statement is true? Since p(3) p(2) = 2,302.21 Since p(3) - p(2) = -2,302.21 Since p(3) - p(2) = 2,302.21 O Since p(3) - p(2) = -2,302.21 , the value of the car increases by $2,302.21 , the value of the car increases by $2, 302.21 , the value of the car decreases by $2,302.21 the value of the car decreases by $2, 302.21 from the year 2012 to 2013. from the year 2012 to 2013. from the year 2012 to 2013. from the year 2012 to 2013.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
Problem 55E
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Peter buys a car for $34,000 in 2010. The value of the car decreases at the rate of 8% each year. The value of the car is p(t), where
t represents the number of years since 2010.
Which statement is true?
Since p(3) - p(2) = 2,302.21
O Since p(3) - p(2) = -2,302.21
Since p(3) - p(2) = 2,302.21
O Since p(3) - p(2) = -2,302.21
, the value of the car increases by $2,302.21 from the year 2012 to 2013.
, the value of the car increases by $2,302.21 from the year 2012 to 2013.
from the year 2012 to 2013.
, the value of the car decreases by $2,302.21
the value of the car decreases by $2,302.21
from the year 2012 to 2013.
3
Transcribed Image Text:Peter buys a car for $34,000 in 2010. The value of the car decreases at the rate of 8% each year. The value of the car is p(t), where t represents the number of years since 2010. Which statement is true? Since p(3) - p(2) = 2,302.21 O Since p(3) - p(2) = -2,302.21 Since p(3) - p(2) = 2,302.21 O Since p(3) - p(2) = -2,302.21 , the value of the car increases by $2,302.21 from the year 2012 to 2013. , the value of the car increases by $2,302.21 from the year 2012 to 2013. from the year 2012 to 2013. , the value of the car decreases by $2,302.21 the value of the car decreases by $2,302.21 from the year 2012 to 2013. 3
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