25-01-2021
Mathematics

contestada

The initial value of a book is $58 and decreases at a rate of 7% per year
Use an exponential function to find the value of the book after 8 years.

Respuesta :

vydg1355 vydg1355

25-01-2021

Answer:

y = 58 ( 1-0.07)^8 so y = 32.46

Step-by-step explanation:

Answer Link

SterlingSims SterlingSims

25-01-2021

Answer:

$32.46

Step-by-step explanation:

y=58(1-0.07)^t

y=58(0.93)^t

Therefore your answer is $32.46

Answer Link

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