Which statement(s) can be interpreted from the equation for an automobile cost. C(t) - 28,000(0.73)', where C (t) reprosents the cost and t represents the time in yoars?
Select all correct statements.
y = acl-rot
A. The equation is an exponential growth equation,
y= 28000 (0.73)
B. The equation is an exponential decay equation. What is the depreciat
rate?
C. The equation is neither exponential decay nor oxponential growth.
-27
D. $28,000 represents the initial cost of an automobile that appreciates 27% per year over the
course of t years.
E. $28,000 represents the initial cost of an automobile that appreciates 73% per year over the
course of t years.
* F $28,000 represents the initial cost of an automobile that depreciates 27% per year over the
course of t years.
G. 328,000 represents the initial cost of an automobile that depreciates 73% per year over the
course of t years.