Jan and Bob run a family business. Jan put a sign up to take 25% off a $999.00 laptop computer. The laptop computer did not sell
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The equation will be of the form:
where A is the amount after t hours, and r is the decay constant.
To find the value of r, we plug the given values into the equation, giving:
Rearranging and taking natural logs of both sides, we get:
The required model is:
where A is the amount after t hours, and r is the decay constant.
To find the value of r, we plug the given values into the equation, giving:
Rearranging and taking natural logs of both sides, we get:
The required model is: