Answered

Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Discover in-depth answers to your questions from a wide network of experts on our user-friendly Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

The function V(t) = 38000 (0.94)^t represents the value (in dollars) of a car "t" years after its purchase. Use this function to complete the statements below.

The value of this car is decreasing at a rate of ______
Describe how an exponential function model helped you answer this question.
*will give brainliest!

Sagot :

The value of this car is decreasing at a rate of 6% per year.

The function V(t) = 38000 (0.94)^t represents the value (in dollars) of a car "t" years after its purchase

What is rate of change?

Rate of change is defined as the change in value with rest to the time is called rate of change.

Here,

V(t) = 38000 (0.94)^t
Cleary, above function is an exponential function
while putting certain values in equation we have certain outcomes.
for,
V(1) = 35720;    V(2) =33576.8;      V(3) = 31562.192

Now, the rate of change is given by = [V(2)-V(1)/ V(1)] x 100
= [(33576.8-35720)/35720]*100
= 6%

now V(2) x 6% = V(3)
33576.8 x 6% = 31562.192 = V(3)

Thus, The required rate of decreasing care price is 6%.

Learn more about rate of change here:
https://brainly.com/question/13103052

#SPJ1

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.