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balandron [24]
3 years ago
11

When you have a power raised to a power, we can simplify the expression

Mathematics
1 answer:
Damm [24]3 years ago
8 0
You can simplify the expression by MULTIPLYING the exponents.

Example:

(2x^1)^5 = 32x^5
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Answer: the value of the car in 2019 is $5269

Step-by-step explanation:

It loses 12% of its value every year. This means that the value of the car is decaying exponentially. We would apply the formula for exponential decay which is expressed as

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Where

A represents the value of the car after t years.

t represents the number of years.

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From the information given,

P = $21500

r = 12% = 12/100 = 0.12

t = 2019 - 2008 = 11 years

Therefore

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