A car loses value each year the value of the car (t) years ‏ can be modeled using the function f(t)=15000(0.85) ^t. If Elizabeth

Question

lora16 [44]

2 years ago

8

A car loses value each year the value of the car (t) years ‏ can be modeled using the function f(t)=15000(0.85) ^t. If Elizabeth

wants to sell her car in 2 1/3 years what will the cars value be when she sells it?

Mathematics

1 answer:

emmainna [20.7K] · Answer 1 · 2022-08-09T23:59:45+03:00

emmainna [20.7K]2 years ago

6 0

F(t)=15000(0.85) ^t => <span>f(t) = $15000(0.85) ^t

Substitute 2 1/3 for t in this equation. This is equivalent to 7/3.

</span> f(7/3) = $15000(0.85)^(7/3)
= $10266.02 (answer)