The exponential function models the value v of the car after t years is V = 27000 * (0.93)^t
<h3>How to determine the exponential model?</h3>
The given parameters are:
Initial value, a = $27,000
Depreciation rate, r = 7%
The value of the car is then calculated as:
V = a * (1 -r)^t
Substitute known values
V = 27000 * (1 - 7%)^t
Evaluate the difference
V = 27000 * (0.93)^t
Hence, the exponential function models the value v of the car after t years is V = 27000 * (0.93)^t
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Answer:
The value of x = 2
Step-by-step explanation:
Given the equation
- Expand 12(x-2) = 12x - 24
- Expand 1/2(x+6) = 1/2x + 3
so the equation becomes
simplifying
multiplying both sides by 2
subtracting x from both sides
divide both sides by 29
simplifying
Therefore, the value of x = 2
-5 times -5= 25
because the negative times negative=positive
4 + 3 + 1 = 8
450000 divided by 8 = 56250
The first person gets 225000.
The second person gets 168750.
The last person gets 56250.
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