Question: WRITTEN RESPONSE = 2004 *7. Arkita recently opened a restaurant. Her accountant told her that, for tax purposes, the depreciation rate of her restaurant equipment

WRITTEN RESPONSE = 2004 *7. Arkita recently
WRITTEN RESPONSE = 2004 *7. Arkita recently opened a restaurant. Her accountant told her that, for tax purposes, the depreciation rate of her restaurant equipment will be 15%, starting after the 2nd year. 0. 15 a) At the end of Year 2, the value of the equipment is $40 000. Determine its value over the next 6 years. Explain your method. time (end of year 2 3 4 5 6 7 Value of Equipment ($) 40 000 A() = Ack ) 40 060 = Ao 10415) b) Use your values from part a) to create a scatter plot; then perform an exponential regression to determine a function that models this situation. c) How much will Arkita's equipment be worth 10 years after the purchase date? Explain

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