4 years ago

What is the initial value? What is the value after 13 years?

1 answer:

6 0

V(t) = 27,500(0.92)^t

The initial value of the car is $27,500

And its value after 13 years :

v(t) = 27,500(0.92)¹³

v(t) = $9,302

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