The function f(t) = 85000(.92)' represents the value of your truck after t years. a) Does the function represent exponential growth or exponential decay? b) What is the original price of the truck? c) What is the yearly percent change? d) What is the truck worth after 10 years?
The function f(t) = 85000(.92)' represents the value of your truck after t years. a) Does the function represent exponential growth or exponential decay? b) What is the original price of the truck? c) What is the yearly percent change? d) What is the truck worth after 10 years?
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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Transcribed Image Text:3. . The function f(t)
= 85000(.92)'represents the value of your truck after t years.
a) Does the function represent exponential growth or exponential decay?
b) What is the original price of the truck?
c) What is the yearly percent change?
d) What is the truck worth after 10 years?
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