tadpole36461 tadpole36461

06-06-2024
Mathematics

Answered

A physics lab purchases new equipment for $870,000 which depreciates in value at rate of 8% annually.
(a) Write an equation for an exponential function f(t) that models the value of the equipment over time. f(t) =
(b) What is the value of the equipment 8 years after purchase rounded to the nearest dollar?

Answer :

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