Answer:
The half life of the car is 3.98 years.
Step-by-step explanation:
The value of the car after t years is given by the following equation:
In which V(0) is the initial value and r is the constant decay rate, as a decimal.
The value of a certain car decreases by 16% each year.
This means that
So
What is the 1⁄2-life of the car?
This is t for which V(t) = 0.5V(0). So
The half life of the car is 3.98 years.