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

Question

Mathematics

Jenna Glover

10 November, 21:22

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

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Answers (1)

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Miss Kitty · Answer 1

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