document.write( "Question 1188455: A rule of thumb states that cars in personal use depreciate by 9% each year. Suppose a new car is purchased for $30000. What is the difference equation, explicit formula, and value of the car after 5 years? \n" ); document.write( "
Algebra.Com's Answer #819539 by ikleyn(52803)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "In Math, there are two traditional forms to write (to determine) a depreciation function.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "One way is to use a linear function; the other way is to use an exponential function.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "THEREFORE, if a Math problem talks about depreciation function,\r \n" ); document.write( "\n" ); document.write( "it MUST determine WHICH ONE of TWO POSSIBLE definitions is used.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "It is the way to distinct a mathematically correct formulation from illiterate one . . . \r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |