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Maksim231197 [3]

3 years ago

7

Jeremy bought a new truck for $32,000. The value of the truck after t years can be represented by the formula V = 32,000(.8)t. W

hen will the truck be worth approximately $6700?

1 answer:

maksim [4K]3 years ago

8 0

6700=32000 (0.8)^t
Solve for t
t=log(6,700÷32,000)÷log(0.8)
t=7 years

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