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Mathematics 16 Online
OpenStudy (anonymous):

ANSWER THIS QUESTION FOR A MEDAL A car was originally purchased for $20,000. The following equation gives the car's value when it has been driven a total of m thousand miles over a period of t years. V = $20,000(0.7 + 1/m) If the car has been driven a total of 60,000 miles over a period of 5 years, what is its value? A. $7,265.31 B. $3,781.08 C. $2,979.84 D. $5,898.79

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