Question

Can I get help please and thank you

Answer 1

9514 1404 393

Answer:

  a.  0.81

  b.  v = 28000(0.81^n)

  c.  2757.36

Step-by-step explanation:

a. The growth factor is 1 more than the growth rate. Here, the growth rate is -19% (per year), so the growth factor, the multiplier, is ...

  1 -0.19 = 0.81

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b. The equation sets value equal to the original value multiplied by the growth factor to the power of the number of years:

  value = (original value) × (growth factor)^n

  v = 28000(0.81^n)

__

c. For n=11, this is ...

  v = 28000(0.81^11) ≈ 2757.36

The value of the truck after 11 years is about $2757.