SOLUTION: You bought a new car for $24,500 in 2005, and the value of the car depreciates by $400 each year. Find a formula for V, the value of the car, in terms of t, the number of years sin

SOLUTION: You bought a new car for $24,500 in 2005, and the value of the car depreciates by $400 each year. Find a formula for V, the value of the car, in terms of t, the number of years sin

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Question 987904: You bought a new car for $24,500 in 2005, and the value of the car depreciates by $400 each year. Find a formula for V, the value of the car, in terms of t, the number of years since 2005.
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!

is the annual depreciation amount,

is the number of years, and

is the original amount.

John

My calculator said it, I believe it, that settles it

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