Solved

Assume the Value of an RV Depreciates by 22% Every

Question 36

Essay

Assume the value of an RV depreciates by 22% every year.
(a)Make a table of the factor of decrease in the value of the RV for 0 to 3 years.For each year,write an expression for the factor of decrease in the value of the RV as a power of some base.
(b)What base did you use? How does the base relate to the problem?
(c)Use your table to graph the factor of decrease as a function of years. Assume the value of an RV depreciates by 22% every year. (a)Make a table of the factor of decrease in the value of the RV for 0 to 3 years.For each year,write an expression for the factor of decrease in the value of the RV as a power of some base. (b)What base did you use? How does the base relate to the problem? (c)Use your table to graph the factor of decrease as a function of years.    (d)Use your graph to guess when your RV will be worth a tenth of its original price. (e)Using the table you made,write a function for the depreciation as a function of years.Use a graphing calculator to graph your function.Use the graph to estimate when the RV will be worth a tenth of its original value.Compare this answer with the guess you made from your graph.
(d)Use your graph to guess when your RV will be worth a tenth of its original price.
(e)Using the table you made,write a function for the depreciation as a function of years.Use a graphing calculator to graph your function.Use the graph to estimate when the RV will be worth a tenth of its original value.Compare this answer with the guess you made from your graph.

Correct Answer:

verifed

Verified

(a) blured image_TB6578_00
(b)0.78; The R...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents