Interpreting Graphs of Linear and Exponential Functions in Context - Item 31449
Question 2 of 7
A boat depreciates in value each year. Which of the following is NOT true about the
value of the boat after t years?
(s) onje BOA
20,000 -
16,000 -
12,000 -
8,000
4.000-
0
4
8 12 16%
20
Time yn
CLEAR
CHECK
The value of the boat is decreasing over time,
The boat will be worth more in 20 years than the amount it
was purchased for
The boat was initially purchased for $20,000
After 4 years, the boat will be worth exactly half of its
original price