Question:

A restaurant purchased kitchen equipment on January 1, 2017

Last updated: 7/10/2022

A restaurant purchased kitchen equipment on January 1, 2017

A restaurant purchased kitchen equipment on January 1, 2017. On January 1, 2019, the value of the equipment was $14,600. The value after that date was modeled as follows. V(t) = 14,600 e^- 0.158t a) What is the rate of change in the value of the equipment on January 1, 2019? b) What was the original value of the equipment on January 1, 2017?