Raymond B. answered 06/03/23
Math, microeconomics or criminal justice
26,000(.92^10)
= $11,294.10 = value in 10 years
use a calculator
Chelle H.
asked 02/13/23The dollar value v (t) of a certain car model that is t years old is given by the following exponential function. v(t)=26,000(0.92)^t
Find the initial value of the car and the value after 10 years. Round your answers to the nearest dollar as necessary.
I know the initial value of the car is 26,000. I'm just stuck on the second part of the question.
Raymond B. answered 06/03/23
Math, microeconomics or criminal justice
26,000(.92^10)
= $11,294.10 = value in 10 years
use a calculator
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