Depreciation A new 2006 SUV that sold for $30,788 has a
Chapter 3, Problem 3.5.33(choose chapter or problem)
Depreciation A new 2006 SUV that sold for $30,788 has a book value V of $24,000 after 2 years. (a) Find a linear depreciation model for the SUV. (b) Find an exponential depreciation model for the SUV. Round the numbers in the model to four decimal places. (c) Use a graphing utility to graph the two models in the same viewing window. (d) Which model represents at a greater depreciation rate in the first 2 years? (e) Explain the advantages and disadvantages of each model to both a buyer and a seller
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