The price of a computer system can be modelled by the formula P = 100 + 850
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The price of a computer system can be modelled by the formula P = 100 + 850 e−t/2 where P is the price of the system in £s and t is the age of the computer in years after being purchased.
a. Calculate the new price of the system.
b. Calculate its price after 3 years.
c. When will it be worth less than £200?
d. Find its price as t → ∞.
e. Sketch the graph showing P against t.
f. Comment on the appropriateness of this model.
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P 100 850 e t2 where P is the price of the system and t is the age of the computer in years after be...View the full answer
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Related Book For
Edexcel AS And A Level Mathematics Pure Mathematics Year 1/AS
ISBN: 9781292183398
1st Edition
Authors: Greg Attwood
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