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NeX [460]
2 years ago
8

The value of a $3000 computer decreases about 30% each year. write a function for the computers value V(t)

Mathematics
2 answers:
Viefleur [7K]2 years ago
8 0

Answer:

A = $3000(0.70)^t

Step-by-step explanation:

100% - 30% = 70%.  Thus, the common ratio in this exponential function is 0.70.

Use a formula with the form of the compound amount formula:

A = P(1 + r)^t, where r is the common ratio as a decimal fraction and t is the number of years.

Here, A = $3000(1 - 0.30)^t, or    A = $3000(0.70)^t

den301095 [7]2 years ago
7 0

Answer:

Function for given situation is : V(t)=3000(0.70)^t

Value of computer after 4 years = $720.3.

Step-by-step explanation:

Given that the value of a $3000 computer decreases about 30% each year. Now we need to write a function for the computers value V(t). then we need to find about how much will the computer be worth in 4 years.

It clearly says that value decreases so that means function represents decay.

For decay we use formula:

A=P(1-r)^t

where P=initial value = $3000,

r= rate of decrease =30% = 0.30

t= number of years

A=V(t) = future value

so the required function is V(t)=3000(1-0.30)^t

or V(t)=3000(0.70)^t

Now plug t=4 years to get the value of computer after 4 years.

V(4)=3000(0.70)^4

V(4)=720.3

Hence final answer is $720.3.

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