Mathematics, 22.04.2020 21:37 briashia
A teacher decides to purchase a new car and considers two options. Option one is the new Zoomba for $60,000 with an expected depreciation of 2% per month. Option two is the new Starfish for $40,000 with an expected depreciation of $200 per month. The teacher plans to keep the car for two years and chooses the option that is expected to retain the most value. Which option did the teacher choose (exponential or linear), and what was the value of the chosen option after two years?
A) The teacher chose the linear option with an expected value of $35,200.
B) The teacher chose the linear option with an expected value of $36,946.82.
C) The teacher chose the exponential option with an expected value of $35,200.
D) The teacher chose the exponential option with an expected value of $36,946.82.
Answers: 3
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A teacher decides to purchase a new car and considers two options. Option one is the new Zoomba for...
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