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(Solved): Building on the analytical and leadership skills developed in your Math class, you run a successful ...



Building on the analytical and leadership skills developed in your Math class, you run a successful small business for 2 years. After selling the business, you purchase a new car for

$55000

. The value of the car after

t

years is given by the function

V(t)=55000(0.75)^(t)

where

t

is the number of years after the purchase and

V(t)

is the value of the car in dollars. Determine

V(7)

.

V(7)=

?

Interpret the meaning of

V(8)=5506

.

?

Select an answer Determine

V^(')(t)

?

Determine

V^(')(7)

V^(')(7)=

?

Interpret the meaning of

V^(')(8)=-8900

.

?

Select an answer Explain how the value of

V^(')(1)=-11867

might affect your decision to buy a new car.

?
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