A graphing calculator has determined the following exponential regression equation: y = a*bx, a = 28,158.50, b
Question:
a. What is the rate of depreciation for this car?
b. How much is this car worth to the nearest dollar after 6 years?
c. How much is this car worth to the nearest hundred dollars after 39 months?
d. How much is this car worth after y years?
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a 1 0815 0185 185 b y 28158501 01...View the full answer
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Related Book For 
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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