Answer:
v(0) = 32,000 . . . dollars
v(13) = 16,427 . . . dollars
Step-by-step explanation:
The initial value is the value of the function for t=0. Put that into the formula and evaluate.
v(0) = 32,000(0.95^0) = 32,000 . . . . dollars
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The value after 13 years is the function value for t=13. Put that into the formula and evaluate.
v(13) = 32,000(0.95^13) ≈ 32,000·0.513342 ≈ 16,427 . . . . dollars
1/2
2/3 (2/8 + 4/8) =
First simplify what is inside the parentheses
2/8+4/8 = 6/8
Replace with 6/8
2/3 (6/8) =
Then multiply
2*6 =12
3*8 = 24
12/24
Divide top and bottom by 12
