SOLUTION: pleasee help me solve :
a new truck that sells for $21,000 depreciates 20% each year. write a function that models the value of the truck. fine the value of the truck after 5 ye
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Exponential-and-logarithmic-functions
-> SOLUTION: pleasee help me solve :
a new truck that sells for $21,000 depreciates 20% each year. write a function that models the value of the truck. fine the value of the truck after 5 ye
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Question 191645This question is from textbook
: pleasee help me solve :
a new truck that sells for $21,000 depreciates 20% each year. write a function that models the value of the truck. fine the value of the truck after 5 years. This question is from textbook
You can put this solution on YOUR website! y= p *r ^t
rate = 1-.2 = .8
y = 21000 * .8 ^ t
for t=5
y= 21000 * .8 ^5 = $6,881.28
check
21000
16800
13440
10752
8601.60
68881.28
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