Question 1 Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t) = 22.0
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Question 1 Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t) = 22.0
Question 1 Resale Value The estimated resale value R (in dollars) of a company car after t years is given by R(t) = 22.022 (0.791)¹. What is the rate of depreciation (in dollars per year) after 3 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. 3 pts