document.write( "Question 128065: A car purchased in 1998 is currently valued at $12000. If it has decreased in value exponentially at a rate of 4% per year, determine the original cost of the vechicle.
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document.write( "I do know that the formula I should use is A=Ao(1-r)^t or some variation of it but I do not know how to fill it in ??????? \n" );
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Algebra.Com's Answer #93778 by mr.barrett(5)![]() ![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "A = current value = 12000 \n" ); document.write( "t = time in years = 2008 - 1998 = 10 \n" ); document.write( "r = rate of decrease = .04 \n" ); document.write( " \n" ); document.write( "Substituting these values into \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |