Assume the Value of an RV Depreciates by 22% Every

question 143

Essay

Assume the value of an RV depreciates by 22% every year.
(a)Make a table of the factor of decrease in the value of the RV for 0 to 3 years.For each year,write an expression for the factor of decrease in the value of the RV as a power of some base.
(b)What base did you use? How does the base relate to the problem?
(c)Use your table to graph the factor of decrease as a function of years.
(d)Use your graph to guess when your RV will be worth a tenth of its original price.
(e)Using the table you made,write a function for the depreciation as a function of years.Use a graphing calculator to graph your function.Use the graph to estimate when the RV will be worth a tenth of its original value.Compare this answer with the guess you made from your graph.

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Definitions:

Attitudes

The settled ways of thinking or feeling about someone or something, typically reflected in a person's behavior.

Behavior

The actions or reactions of an individual or group in response to external or internal stimuli.

Intentions

The plans or goals that individuals form to guide their actions, often predicting behavior in various contexts.

Attitudes

Predispositions or tendencies to respond positively or negatively towards a certain idea, object, person, or situation.