Will fan and medal

Question

Will fan and medal

anonymous · Answer

dollar value  vt of a certain car model that is t years old is given by the following exponential function.
$$v(t)= 27,500(0.90^t)$$
Find the initial value of the car and the value after 13 years. Round your answers to the nearest dollar as necessary.

anonymous · Answer

@FaiqRaees

faiqraees · Answer

Take t = 0 then take t =13

anonymous · Answer

$$v(0)=27,500(0.90^{13})$$
like this?

faiqraees · Answer

No
v(0) = 27500 (0.90)^0
v(13) = 27500 (0.90)^13

anonymous · Answer

v(0)= 27500
v(13)=6990.12875 
?

photon336 · Answer

Just to confirm. well just from looking at it. the price of the car is only going to get lower as time goes on. 

$$2.75*10^{4}(0.90)^{t} = v(t)$$
$$2.75*10^{4}(0.90)^{0} = v(0)  |x^{0} =1 | 2.75*10^{4}$$

photon336 · Answer

also you're asked to round your answer to the nearest dollar. so it would be 6990