Interpreting Terms and Evaluating Functions In Context (Part II)

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Interpreting Terms and Evaluating Functions In Context (Part II)

The total cost of renting m number of movies per month can be represented by C(m)=3m+7. If Fred has $16 in his pocket, how much more money will he need to rent 5 movies? What does the 7 represent? Monthly Fee What does the 3 represent? Cost of each movie Solve the problem Fred needs $6

The depreciation of the value for a motorcycle is modeled by y = 10,000(.85)x for x years since 2000. What does the 10,000 represent? Initial value What does the .85 represent? Depreciation What is the car worth in 6 years? $3771.50