A graphing calculator has determined this exponential regression equation based upon car value data: y = a*bx,

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A graphing calculator has determined this exponential regression equation based upon car value data: y = a*bx, a = 20,952.11, and b = 0.785. What is the rate of depreciation for this car? How much is this car worth after 6 years; 78 months; w years?

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Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Question Posted: Apr 14, 2016 04:50 AM

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A graphing calculator has determined this exponential regression equation based upon car value data: y = a*bx,

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1 0785 0215 215 y 20952111 021...View the full answer

Financial Algebra advanced algebra with financial applications

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