Question

19) Max bought a new speed boat that cost of $33,000. The boat depreciates approximately 18% of its value each year. Write an equation to model the decay value of the speed boat. A) A = 33,0000.18t B) A = 33,0001.82t C) A = 33,0000.82/t D) A = 33,000(0.82)t

Answer 1

D

Explanation:

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Answer 2

We must write an equation of the exponential type in the following way:
y = A * (b) ^ t
Where,
A: initial amount
b: decrease rate
t: time
Substituting values we have:}
y = 33000 * (0.82) ^ t
Answer:
D) A = 33,000 (0.82) ^ t