Question

Help asap I am almost done. I just need to finish it

Answer 1

The dollar value v (t) of a certain car model that is t years old is given by the following exponential function.

V (t) = 26,000 (0.84)^t

Find initial value of the car and the value after 11 years. Run your answers to the nearest dollar is necessary.

Initial value: $26,000

Value after 11 years: $_____