Situation?
Part B
Plane B also depreciates exponentially but at a different rate than Plane X...
Mathematics, 21.01.2021 01:50 brodycruce
Situation?
Part B
Plane B also depreciates exponentially but at a different rate than Plane X. The table
below shows the value of Plane Y one month after it was purchased and the monthly
rate at which it is depreciating.
Time
1 month after purchase
Value of Plane Y
$177,223
Monthly Depreciation Rate
2.4%
Express the value of Plane Y as an exponential function similar to the one given for
the value of Plane X above, except the time will be m months after purchase. (Use
b(m) for the value of Plane Y in thousands of dollars). Provide evidence to support
your answer
Answers: 2
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