document.write( "Question 122005: If a Honda Prelude bought in 2000 cost $32000 and depreciates at a rate of 20% per year, and a Chevrolet Corvette bought in 1994 cost $43000 and depreciates at a rate of 15% per year, algebraically determine which car is worth more in 2005. \n" ); document.write( "
Algebra.Com's Answer #89577 by Fombitz(32388)\"\" \"About 
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The Honda depreciation function, H,is
\n" ); document.write( "\"H%28T%29=32000%281-0.20%29%5E%28T-2000%29\"
\n" ); document.write( "The value of H for 2005 is,
\n" ); document.write( "\"H%282005%29=32000%280.80%29%5E%282005-2000%29\"
\n" ); document.write( "\"H%282005%29=32000%280.80%29%5E%285%29\"
\n" ); document.write( "\"H%282005%29=32000%280.32768%29\"
\n" ); document.write( "\"H%282005%29=10485.76\"
\n" ); document.write( "The Corvette depreciation function, C,is
\n" ); document.write( "\"C%28T%29=43000%281-0.15%29%5E%28T-1994%29\"
\n" ); document.write( "The value of C for 2005 is,
\n" ); document.write( "\"C%282005%29=43000%280.85%29%5E%282005-1994%29\"
\n" ); document.write( "\"C%282005%29=43000%280.85%29%5E%2811%29\"
\n" ); document.write( "\"C%282005%29=43000%280.16734%29\"
\n" ); document.write( "\"C%282005%29=7195.76\"
\n" ); document.write( "The Honda is worth $10,485.76 while the Corvette is worth $7195.76.
\n" ); document.write( "The Honda is worth $3290.00 more than the Corvette. \n" ); document.write( "
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