document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=119299>Question 119299</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The equation V=12000(0.8)^t describes the value (V) of a car t years after purchase .<BR>\n" );
document.write( "a) What was the cars initial value?<BR>\n" );
document.write( "b) What was the rate of depreciation expressed as a percentage?<BR>\n" );
document.write( "c) What will be the car's value 5 years after it was purchased? <BR>\n" );
document.write( "d) Use the graphing calculator to determine the number of years it would take for the car to be worth $824.63 ? Can this part be done without a graphing calculator because I don't have one ? <BR>\n" );
document.write( "For (a) I got $12000 , (b) I got 20% (c) I got #3832.16 Please, can someone help me ? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #87379 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=87379\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The equation V=12000(0.8)^t describes the value (V) of a car t years after purchase .<BR>\n" );
document.write( "a) What was the cars initial value?<BR>\n" );
document.write( "Find t(0) to get the initial value:<BR>\n" );
document.write( "V(0) = 12000*1 = $12,000<BR>\n" );
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document.write( "b) What was the rate of depreciation expressed as a percentage?<BR>\n" );
document.write( "Each year you are taking 0.80 of the previous years value.<BR>\n" );
document.write( "The depreciation is 0.20 or 20%<BR>\n" );
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document.write( "c) What will be the car's value 5 years after it was purchased?<BR>\n" );
document.write( "Find V(5)<BR>\n" );
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document.write( "d) Use the graphing calculator to determine the number of years it would take for the car to be worth $824.63 ? Can this part be done without a graphing<BR>\n" );
document.write( "calculator because I don't have one ? <BR>\n" );
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document.write( "Let V(t) = 12000(0.8)^t and solve for \"t\"<BR>\n" );
document.write( "I got t = 12<BR>\n" );
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document.write( "For (a) I got $12000 <BR>\n" );
document.write( "Good<BR>\n" );
document.write( "(b) I got 20% <BR>\n" );
document.write( "Good<BR>\n" );
document.write( "(c) I got #3832.16<BR>\n" );
document.write( "I got $3,932.20 <BR>\n" );
document.write( "===============<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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