Oponen Growth and Decayo 3) You buy a used truck in 2012 for $12,500. Each year the truck depreciates by 9.8%. Write
an exponential decay model to represent this situation. Finally, by how much money has the
truck depreciated by 2017?

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Your client has saved $1,860 for a down payment on a house. a government loan program requires a down payment equal to 3% of the loan amount. what is the largest loan amount that your client could receive with this program

Amachine that produces a special type of transistor (a component of computers) has a 2% defective rate. the production is considered a random process where each transistor is independent of the others. (a) what is the probability that the 10th transistor produced is the first with a defect? (b) what is the probability that the machine produces no defective transistors in a batch of 100? (c) on average, how many transistors would you expect to be produced before the first with a defect? what is the standard deviation? (d) another machine that also produces transistors has a 5% defective rate where each transistor is produced independent of the others. on average how many transistors would you expect to be produced with this machine before the first with a defect? what is the standard deviation? (e) based on your answers to parts (c) and (d), how does increasing the probability of an event a↵ect the mean and standard deviation of the wait time until success?