A certain industrial machine depreciates so that its value after t years becomes Q(t) = 20,000e 0.4t

Question:

A certain industrial machine depreciates so that its value after t years becomes Q(t) = 20,000e−0.4t dollars.

a. At what rate is the value of the machine changing with respect to time after 5 years?

b. At what percentage rate is the value of the machine changing with respect to time after t years? Does this percentage rate depend on t or is it constant?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

Question Posted: