Question

Will fan and medal

Answer 1

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.

Answer 2

@FaiqRaees

Answer 3

Take t = 0 then take t =13

Answer 4

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

Answer 5

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

Answer 6

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

Answer 7

Just to confirm. well just from looking at it. the price of the car is only going to get lower as time goes on.

\[2.75*10^{4}(0.90)^{t} = v(t)\]
\[2.75*10^{4}(0.90)^{0} = v(0) |x^{0} =1 | 2.75*10^{4}\]

Answer 8

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