Answer: Initial value of car = $ 27500
And, the value of car after 13 years is $5219.242
Step-by-step explanation:
Here, the given function that models the price of car after t years,
Since, initially, t = 0
Thus, the initial value of the car,
Now, after 13 years, t = 13
Thus, the value of car after 13 years,
=
=