The price of a machine needed by a production factory is $480,000. Due to inflation, the price of the machine is increasing at the continuous rate of 2.1% annually. Draw the graph of a function that models the situation. 1920000+ 15 -10 1680000 1440000 1200000 960000 720000 480000 240000 -5 -240000- -480000+ Clear All Draw: 5 10 The vertical (y) intercept is 15 20 25 Andr 30 35

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter3: Functions
Section3.3: More On Functions; Piecewise-defined Functions
Problem 84E
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The price of a machine needed by a production factory is $480,000. Due to inflation, the price of the
machine is increasing at the continuous rate of 2.1% annually.
Draw the graph of a function that models the situation.
1920000+
1680000
1440000
1200000
960000
720000
480000
240000
15 -10 -5
-240000-
-480000
Clear All Draw:
5
10
The vertical (y) intercept is
15
20 25
INDO
30
35
Transcribed Image Text:The price of a machine needed by a production factory is $480,000. Due to inflation, the price of the machine is increasing at the continuous rate of 2.1% annually. Draw the graph of a function that models the situation. 1920000+ 1680000 1440000 1200000 960000 720000 480000 240000 15 -10 -5 -240000- -480000 Clear All Draw: 5 10 The vertical (y) intercept is 15 20 25 INDO 30 35
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