document.write( "Question 960901: The value V of car can be modeled by the function V (t) =13,000 (0.82)raised to t, where t is the number of years since the car was purchased. To the nearest tenth of a percent, what is the ratio of depreciation? \n" ); document.write( "
Algebra.Com's Answer #587250 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! The value V of car can be modeled by the function V (t) =13,000 (0.82)raised to t, where t is the number of years since the car was purchased. To the nearest tenth of a percent, what is the ratio of depreciation? \n" ); document.write( "---- \n" ); document.write( "Since each year the value is 82% of its last year value. \n" ); document.write( "Ans: Depreciation rate is 18% \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "------------ \n" ); document.write( " |