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QUESTION 1 [20]A manufacturer of children toys claims that less than 3% of his products are defective. When 500 toys were drawn from a large production run, 5% were found to be defective. a) Define... more

03/09/15

November 18 for 2250 3/15 2/25 n/45 penalty 5 1/4 percent after 45 paid January 3

November 18 for 2250 3/15 2/25 n/45 penalty 5 1/4 percent after 45 paid January 3

03/04/15

A company buys a machine for $20 million. Four years later, the machine is worth $12 million. Assume the decline in value follows the exponential model.

A) Find the exponential model   B) Use the model to determine the machine's value in another 2 years.

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