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Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t) 19,691 (0.766)*. What is the rate of depreciation (in dollars per year) after 2 years? Round to the nearest cent. The car is depreciating at $. per year. NOTE: The rate of depreciation is |R'(t)]. Your answer should be positive.

Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t) 19,691 (0.766)*. What is the rate of depreciation (in dollars per year) after 2 years? Round to the nearest cent. The car is depreciating at $. per year. NOTE: The rate of depreciation is |R'(t)]. Your answer should be positive.

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CR: Chapter Review
Problem 54E
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Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t) 19,691 (0.766)*. What is the rate of depreciation (in dollars per year) after 2 years? Round to the nearest cent. The car is depreciating at $. per year. NOTE: The rate of depreciation is |R'(t)]. Your answer should be positive.
Transcribed Image Text:Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t) 19,691 (0.766)*. What is the rate of depreciation (in dollars per year) after 2 years? Round to the nearest cent. The car is depreciating at $. per year. NOTE: The rate of depreciation is |R'(t)]. Your answer should be positive.
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