Keya purchased a new Ford Mustang for $24,000. The equation V = 24, 000 (0.80)^x gives the car's value after x years. What is the approximate value of the car after 7 years?

a. $4, 027
b. $5, 033
c. $6, 292
d. $8, 000

Question

Keya purchased a new Ford Mustang for $24,000. The equation V = 24, 000 (0.80)^x gives the car's value after x years. What is the approximate value of the car after 7 years?

a. $4, 027
b. $5, 033
c. $6, 292
d. $8, 000

anonymous · Answer

b

anonymous · Answer

V = 24.000 (0.80)^7

you just need to substitute the "x" with "7"

anonymous · Answer

Plug it in, plug it in! There is only one variable in this equation and that is x. If x is equal to time in years, and we want to know V (the Value) after 7 years, then x=7. All you have to do is plug it into a calculator.

anonymous · Answer

Darn Diogo, you always beat me to it.

anonymous · Answer

Don't worry. I give you medals for trying anyway haha