The resale value V, in thousands of dollars, of a boat is a function of the number of years t since the start of 2011, and the formula is V = 10.5 1.1t. (a) Calculate V(4). thousand dollars Explain in practical terms what your answer means. This means that the resale value of the boat will be (b) In what year will the resale value be 3.9 thousand dollars? (c) Solve for t in the formula above to obtain a formula expressing t as a function of V. t= (d) In what year will the resale value be 2.8 thousand dollars? Need Help? Read It thousand dollars at the start of the year Master It

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter2: Graphical And Tabular Analysis
Section2.3: Solving Linear Equations
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The resale value V, in thousands of dollars, of a boat is a function of the number of years t since the start of 2011, and the formula is
V = 10.5 1.1t.
(a) Calculate V(4).
thousand dollars
Explain in practical terms what your answer means.
This means that the resale value of the boat will be
(b) In what year will the resale value be 3.9 thousand dollars?
(c) Solve for t in the formula above to obtain a formula expressing t as a function of V.
t=
(d) In what year will the resale value be 2.8 thousand dollars?
Need Help?
Read It
thousand dollars at the start of the year.
Master It
Transcribed Image Text:The resale value V, in thousands of dollars, of a boat is a function of the number of years t since the start of 2011, and the formula is V = 10.5 1.1t. (a) Calculate V(4). thousand dollars Explain in practical terms what your answer means. This means that the resale value of the boat will be (b) In what year will the resale value be 3.9 thousand dollars? (c) Solve for t in the formula above to obtain a formula expressing t as a function of V. t= (d) In what year will the resale value be 2.8 thousand dollars? Need Help? Read It thousand dollars at the start of the year. Master It
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