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kolbaska11 [484]
3 years ago
14

Sam bought a used car for $8,000. He boasted that he got a great deal since the value of the car two years ago

Mathematics
1 answer:
vivado [14]3 years ago
4 0

Answer:

V(t) = 15,000*(0.75)^t

Step-by-step explanation:

The initial value is $15,000, and if it depreciates 25% per year, that means that for each year the value will be 0.75 of the value of the previous year. The next year, the value will be 0.75 of the previous, which will be o.75x0.75 of the initial value, or (0.75)².

So, for t years:

V(t) = 15,000*(0.75)^t

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After eliminating the common terms:

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If p=0, both sides are clearly equal, so assume p≠0, and we can (by cancellation) simply prove:

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It should be clear that if m is even, we have equality (both sides are (−1)n), so we are down to the case where m is odd. In this case:

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