Question #1: The value of a smartphone was initially $700. After 4 years, that same smartphone has a value of $315. a) Write a formula for the value of the smartphone, V in dollars after t years, assuming a linear relationship. b) Write a formula for the value of the smartphone, V in dollars after t years, assuming an exponential relationship. Write the value of each constant as a decimal, using at least 4 decimal places.

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
Section5.2: Applications Of Exponential Functions
Problem 44E: Use a graphing calculator to solve each problem. In Example 4, suppose that a birth control program...
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Question #1:
The value of a smartphone was initially $700. After 4 years, that
same smartphone has a value of $315.
a) Write a formula for the value of the smartphone, V in dollars
after t years, assuming a linear relationship.
b) Write a formula for the value of the smartphone, V in dollars
after t years, assuming an exponential relationship. Write the value
of each constant as a decimal, using at least 4 decimal places.
Upload
Choose a File
Transcribed Image Text:Question #1: The value of a smartphone was initially $700. After 4 years, that same smartphone has a value of $315. a) Write a formula for the value of the smartphone, V in dollars after t years, assuming a linear relationship. b) Write a formula for the value of the smartphone, V in dollars after t years, assuming an exponential relationship. Write the value of each constant as a decimal, using at least 4 decimal places. Upload Choose a File
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