3) Jerry has $400 saved in his bank account and spends $15 a week.
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Answer:
<h3>The value C(t) of the car after 5 years is $12709.</h3>Step-by-step explanation:
Given that Landon bought a new car for $16,000 and it depreciates 4.5% every year.
<h3>To find the value C(t) of the car after 5 years:</h3>Initial value
Depreciation rate is
Period , t=5 years
Substitute the values we get
∴