SOLUTION: Valerie's car was worth $13,000 at the beginning of 2010 and decreased by 23% every 4 years after the beginning of 2010.
What is the 4-year growth factor for the value of Valeri
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-> SOLUTION: Valerie's car was worth $13,000 at the beginning of 2010 and decreased by 23% every 4 years after the beginning of 2010.
What is the 4-year growth factor for the value of Valeri
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Question 1149045: Valerie's car was worth $13,000 at the beginning of 2010 and decreased by 23% every 4 years after the beginning of 2010.
What is the 4-year growth factor for the value of Valerie's car?
What is the 1-year growth factor for the value of Valerie's car?
Define a function f that determines the value of Valerie's car (in dollars) in terms of the number of years t since the beginning of 2010.
f(t)=
A decrease of 23% means the value is MULTIPLIED by (100%-23%) = 77% = 0.77.
(a) The 4-year growth factor is 0.77.
(b) The 4-year growth factor is the 1-year growth factor, raised to the 4th power; so the 1-year growth factor is the 4-year growth factor to the 1/4 power. to a few decimal places.
The value t years after 2010 is the initial value, multiplied by the 1-year growth factor t times.
