SOLUTION: A new car costs 29,000 depreciates to 80% of its value in 4 years A.assume that the depreciation is linear what is the linear function that models the value if this car t years a

Question 1142983: A new car costs 29,000 depreciates to 80% of its value in 4 years
A.assume that the depreciation is linear what is the linear function that models the value if this car t years after purchase?
B. Assume that the value of the car is given by an exponential function Ae^kt where a is the initial price of the car find the value of the constant k
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = the car's value after years

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When ,

Take the natural log of both sides

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check:

OK
Get another opinion if needed

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