4. A particular automobile is worth $15,200 today and will be worth $9,800 in three years. a) At what rate is the car depreciating per year? b) Find a linear depreciation function, (t), for this car, with t= the number of years from today. c) Use your function from part b) to determine the value of this car 5 years from now.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4RE: Determine whether Table 1 could represent a function that is linear, exponential, or neither. If it...
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4. A particular automobile is worth $15,200 today and will be worth
$9,800 in three years.
a) At what rate is the car depreciating per year?
b) Find a linear depreciation function, ft), for this car, with t= the
number of years from today.
c) Use your function from part b) to determine the value of this car 5
years from now,
Transcribed Image Text:4. A particular automobile is worth $15,200 today and will be worth $9,800 in three years. a) At what rate is the car depreciating per year? b) Find a linear depreciation function, ft), for this car, with t= the number of years from today. c) Use your function from part b) to determine the value of this car 5 years from now,
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