Question

Write this as a function.
The company decides to buy a new delivery van for $25000. The van's resale value decreases at a rate of 20% per year. What is the resale value of the van x years after its purchase?

Answer 1

to decrease something by \(20\%\) multiply it by \(100\%-20\%=80\%=0.8\)

Answer 2

to do it \(x\) times, multiply it by \((0.8)^x\)

Answer 3

25000(.8)^x

Answer 4

that should do it

Answer 5

thanks

Answer 6

yw