4. You purchase a new car for $53,000. It has a steady declining rate of 11.8% per year. Is this an
2 answers:
You might be interested in
Answer:
Step-by-step explanation:
Given
Required
Determine the rate of change.
From the given parameters, we understand that the on a daily basis, there's a charge of $0.05.
This charge represent the rates at which the fee changes on a daily basis.
Hence:
