SOLUTION: The value of a car varies according to the formula:
V = 20,000e^-(t/12)
where V is the value in £'s and t is its age in years from new.
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-> SOLUTION: The value of a car varies according to the formula:
V = 20,000e^-(t/12)
where V is the value in £'s and t is its age in years from new.
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Question 212132: The value of a car varies according to the formula:
V = 20,000e^-(t/12)
where V is the value in £'s and t is its age in years from new.
a) State its value when new.
b) Find its value (to the nearest £) after 4 years.
c) Sketch the graph of V against t. Answer by Fombitz(32388) (Show Source):