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Mathematics 23 Online
OpenStudy (anonymous):

a computer that, when purchased 5 years ago cost 5,000 now has a value fo 1,100. find the value of the computer after 8 years by usingg the exponential model V(t)=V0e^kt, in which V(t) is the value of the computer at any time t, V0 is the initial cost, and t is the time in years. Round your answer to the nearest hundredth

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