Temperature has a direct effect on whether a substance exists as a solid, liquid or gas. Generally, increasing the temperature turns solids into liquids and liquids into gases; reducing it turns gases into liquids and liquids into solids.
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: $_____
1942...............................
