Assume the Value of a Sailboat Depreciates by

Essay

Assume the value of a sailboat depreciates by
every year.
(a)Make a table of the factor of decrease in the value of the sailboat for 0 to 3 years.For each year,write an expression for the factor of decrease in the value of the sailboat as a power of some base.
(b)What base did you use? How does the base relate to the problem?
(c)Use your table to graph the factor of decrease as a function of years.
(d)Use your table to guess when your boat will be worth 25% as much as its original price.