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Gilbert purchased a car for 34000. The car depreciates at a rate of 14% per year. The exponential function that represents this situation is y = 34000(0.86)^x.

What is the change factor for this function?

Gilbert purchased a car for 34000 The car depreciates at a rate of 14 per year The exponential function that represents this situation is y 34000086x What is th class=

Respuesta :

Answer:

.86

Step-by-step explanation:

Exponential function formula

[tex]y = a ( 1 + or - r ) ^t[/tex]

where a = initial value

r = rate of change

and t = number of years

given the equation y = 34000(0.86)^x.

r = .86

Hence the change factor is .86

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