Bailey O.
asked • 02/13/23Determine the approximate value of the vehicle years after purchase.
A vehicle purchased for $25000 depreciates at a constant rate of 7%
Round to the nearest whole number.
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1 Expert Answer
Raymond B. answered • 02/13/23
Tutor
5
(2)
Math, microeconomics or criminal justice
V= 25000e^-.07t with t = years after purchase,
=25,000/e^.07t
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Peter R.
02/13/23