document.write( "Question 1179385: A new car costs $30,000. At the end of each year, the car is worth 85% of
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Algebra.Com's Answer #808925 by ikleyn(52787) $\"\"$ $\"About$

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document.write( "In such problems, two basic models are applicable: linear and exponential.\r\n" );
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document.write( "These models are DIFFERENT, so an accurate problem's formulation should point which model to use.\r\n" );
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document.write( "I will use exponential model.\r\n" );
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document.write( "Then the recursive rule is\r\n" );
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document.write( "    V(n+1) = 0.85*V(n),   n = 1, 2, 3, . . . , year after year.\r\n" );
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document.write( "    V(after 5 years) = .    Use your calculator.\r\n" );
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\n" ); document.write( "\n" ); document.write( "To see many other similar (and different) solved problems, look into the lesson\r
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