SOLUTION: a HOVERCRAFT has an intial value of 190,000 dollars. It depreciates by 10% per year after its purchased. a.) is this linear, quadratic or exponential? b.) write an equation to r

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: a HOVERCRAFT has an intial value of 190,000 dollars. It depreciates by 10% per year after its purchased. a.) is this linear, quadratic or exponential? b.) write an equation to r      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1027115: a HOVERCRAFT has an intial value of 190,000 dollars. It depreciates by 10% per year after its purchased.
a.) is this linear, quadratic or exponential?
b.) write an equation to represent the value of the hovercraft V after T years

Answer by robertb(5830) About Me  (Show Source):
You can put this solution on YOUR website!
a.) It is exponential.
b.) V%28t%29+=+190000%2A0.90%5Et