To raise funds for a trip, members of a high school math club are holding a game night in
2 answers:
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The equation is y=34000(1-0.06)ˣ.
It will take nearly 8 years for the car to lose enough value to be worth less than $21,000.
Using 21,000 for y, we have
21000=34000(1-0.06)ˣ
21000=34000(0.94)ˣ
Dividing both sides by 34000:
21000/34000 = 34000(0.94)ˣ/34000
(21/34) = 0.94ˣ
Using logarithms to solve this,
It will take nearly 8 years for the car to lose enough value to be worth less than $21,000.
Using 21,000 for y, we have
21000=34000(1-0.06)ˣ
21000=34000(0.94)ˣ
Dividing both sides by 34000:
21000/34000 = 34000(0.94)ˣ/34000
(21/34) = 0.94ˣ
Using logarithms to solve this,