a local parts shop buys a machine that costs $500,000. its value depreciates exponentially each year by 10%. what is the machine
1 answer:
Hello!
Answer:
$295.295
Explanation:
Of the statement, we have that the price of the machine decreased 10% every year exponentially, so in the first year it real value drops to 90% of the costs. For 5 years, It can be expressed and simplified by the following equation:
We can't use that the percent drop as a percent itself, so we are going to divide 90% by 100%, and it will give us an entire number.
By substituting we have:
Value: $295.245
Have a nice day!
Answer:
$295.295
Explanation:
Of the statement, we have that the price of the machine decreased 10% every year exponentially, so in the first year it real value drops to 90% of the costs. For 5 years, It can be expressed and simplified by the following equation:
We can't use that the percent drop as a percent itself, so we are going to divide 90% by 100%, and it will give us an entire number.
By substituting we have:
Value: $295.245
Have a nice day!
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Answer:
Step-by-step explanation:
Hello,
Based on the indication, we can write this polynomial as below, k being a real number that we will have to identify (degree = 3 and we have three zeroes -3, -1, and 2).
We know that the point (1,10) is on the graph of this function, so we can say.
Then the solution is:
Hope this helps.
Do not hesitate if you need further explanation.
Thank you