Question: point(s) possible Submit test A restaurant purchased kitchen equipment on January 1, 2017. On January 1, 2019, the value of the equipment was $14,650. The

point(s) possible Submit test A restaurant purchased kitchen equipment on January 1, 2017. On January 1, 2019, the value of the equipment was $14,650. The value after that date was modeled as follows V(t) = 14,650 e -0.163t a) What is the rate of change in the value of the equipment on January 1, 2019? b) What was the original value of the equipment on January 1, 2017? a) The rate of change in the value of the equipment on January 1, 2019 was dollars per year (Type an integer or decimal rounded to two decimal places as needed.) b) The original value of the equipment on January 1, 2017 was $ (Type an integer or decimal rounded to two decimal places as needed.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
