SOLUTION: Jeremy bought a new truck for $32,000. The value of the truck after t years can be represented by the formula V = 32,000(.8)^t. How much will the truck be worth in 2 years?

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Question 1067231: Jeremy bought a new truck for $32,000. The value of the truck after t years can be represented by the formula V = 32,000(.8)^t.
How much will the truck be worth in 2 years?

Found 2 solutions by stanbon, addingup:
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Jeremy bought a new truck for $32,000. The value of the truck after t years can be represented by the formula V = 32,000(.8)^t.
How much will the truck be worth in 2 years?
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V(2) = 32000*0.8^2 = $20,480
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Cheers,
Stan H.
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Answer by addingup(3677) About Me  (Show Source):
You can put this solution on YOUR website!
32000(.8)^2 do the math, use your calculator