SOLUTION: A computer is purchased for $3200. Its value each year is about 79% of the value the preceding year. Its value, in dollars, after t years is given by the exponential function V(t)

SOLUTION: A computer is purchased for $3200. Its value each year is about 79% of the value the preceding year. Its value, in dollars, after t years is given by the exponential function V(t)

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Question 211159: A computer is purchased for $3200. Its value each year is about 79% of the value the preceding year. Its value, in dollars, after t years is given by the exponential function
V(t) = 3200(0.79)t
Find the value of the computer after 2 years
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
V(t)=3200(.79)^t
V(t)=3200(.79)^2
V(t)=3200(.6241)
V(t)=1997.12
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