Resale Value
The estimated resale value R (in dollars) of a company car after t years is given by
R(t) = 17,968 (0.772).
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.
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.
