Answer:
$13,793
Step-by-step explanation:
Kate purchased a car for $23,000. It will depreciate by a rate of 12% a year. What is the value of the car in 4 years. *
The formula for Depreciation rate =
y = a(1 - r) ^t
Where
y = Value of the car after t years
a = Initial value of the car = $23,000
t= time in years = 4 years
r = Depreciation rate = 12% = 0.12)
y = $23000 (1 - 0.12)⁴
y = $13792.99328
Approximately = $13,793:
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-2/15=13/15
2/3-4/5=13/15
2/15=13/15
see explanation
The minimum is at the vertex (- 3, 1 ), that is y = 1
Since the graph is a minimum then it opens vertically up U
The range of the values of y are therefore
range [ 1, ∞ )
is standard form