A graphing calculator has determined this exponential regression equation based on car value data: y = a*b
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A graphing calculator has determined this exponential regression equation based on car value data: y = a*bx , a = 18,547.23, and b = 0.8625. What is the rate of depreciation for this car? How much is this car worth after 6 years; 78 months; w months?
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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