Andy C. answered • 10/07/18

Tutor

4.9
(27)
Math/Physics Tutor

(0.88)^ x* 35000

For x=10 ---> 9747.53416

Recursive: V(n) = 0.88*V(n-1) where V(0) = 35000

Leegan T.

asked • 10/07/18A new car is bought for $35 000 and the value decreases by 12% per year. (a) Find a general formula for the value Vn of the car after n years. (b) Give a recursive formula for the value Vn in terms of Vn−1. (c) What is the value of the car after 10 years?

Follow
•
1

Add comment

More

Report

Andy C. answered • 10/07/18

Tutor

4.9
(27)
Math/Physics Tutor

(0.88)^ x* 35000

For x=10 ---> 9747.53416

Recursive: V(n) = 0.88*V(n-1) where V(0) = 35000

Ask a question for free

Get a free answer to a quick problem.

Most questions answered within 4 hours.

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.