SOLUTION: the value of a machine depreciates according to the function f(x) = 20000(1/2)^x, where x is the time in years from the purchase of the machine. Find its value after 3 years

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Question 980104: the value of a machine depreciates according to the function f(x) = 20000(1/2)^x, where x is the time in years from the purchase of the machine. Find its value after 3 years
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
Plug in x = 3

f(x) = 20,000(1/2)^x

f(3) = 20,000(1/2)^3

f(3) = 20,000(1/8)

f(3) = 2,500

The value of the machine after 3 years is 2,500