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f(t)=14(0.85)tf(t) = 14(0.85)^t\newlineThe function models ff, the value of a professional quality video camera, in thousands of dollars, tt years after its purchase. What is the value of the camera at the time of purchase?\newlineChoose 11 answer:\newline(A) $11,900\$11,900\newline(B) $14,000\$14,000\newline(C) $15,000\$15,000\newline(D) $85,000\$85,000

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Q. f(t)=14(0.85)tf(t) = 14(0.85)^t\newlineThe function models ff, the value of a professional quality video camera, in thousands of dollars, tt years after its purchase. What is the value of the camera at the time of purchase?\newlineChoose 11 answer:\newline(A) $11,900\$11,900\newline(B) $14,000\$14,000\newline(C) $15,000\$15,000\newline(D) $85,000\$85,000
  1. Evaluate Function at t=0t=0: To find the value of the camera at the time of purchase, we need to evaluate the function f(t)f(t) at t=0t = 0, because the time of purchase corresponds to the start of the time period, which is t=0t = 0.
  2. Substitute t=0t=0 into f(t)f(t): Substitute t=0t = 0 into the function f(t)=14(0.85)tf(t) = 14(0.85)^t to find the initial value.\newlinef(0)=14(0.85)0f(0) = 14(0.85)^0
  3. Calculate f(0)f(0): Any non-zero number raised to the power of 00 is 11. Therefore, (0.85)0=1(0.85)^0 = 1.\newlinef(0)=14×1f(0) = 14 \times 1
  4. Multiply to find value: Multiply 1414 by 11 to get the value of the camera at the time of purchase.\newlinef(0)=14f(0) = 14
  5. Convert to actual dollars: The value of the camera at the time of purchase is 1414 thousand dollars. Since the value is given in thousands of dollars, we need to convert it to actual dollars by multiplying by 1,0001,000. \newlineValue at purchase = 14×1,000=$(14,000)14 \times 1,000 = \$(14,000)

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