Depreciation: after t years, the value of a car purchased for $20,000 is
v(t)= (20,000)(3/4)^t
b) find the rate of change of v with respect to t, when t=1 and t=4
v'(t) = (20,000)(ln (3/4))(3/4t)
v'(1) = (20,000)(ln (3/4))((3/4)(1))
v'(1) = -4315.231
v'(4) = (20,000)(ln (3/4))((3/4)(4))
v'(4) = -17260.824
Im having trouble with part c now, so I am not sure if I have done part b correctly
c) graph v'(t) and determine the horizontal assymptote of v'(t). Interpret its meaning in the context of the problem.
everytime I graph my v'(t) I get a straight, slanted line. I cannot identify any horizontal assymptotes... any suggestions would be much appreciated.
v(t)= (20,000)(3/4)^t
b) find the rate of change of v with respect to t, when t=1 and t=4
v'(t) = (20,000)(ln (3/4))(3/4t)
v'(1) = (20,000)(ln (3/4))((3/4)(1))
v'(1) = -4315.231
v'(4) = (20,000)(ln (3/4))((3/4)(4))
v'(4) = -17260.824
Im having trouble with part c now, so I am not sure if I have done part b correctly
c) graph v'(t) and determine the horizontal assymptote of v'(t). Interpret its meaning in the context of the problem.
everytime I graph my v'(t) I get a straight, slanted line. I cannot identify any horizontal assymptotes... any suggestions would be much appreciated.