SOLUTION: A car is depreciating according to the formula c where x is the age of the car in years. Find the value of the car when it is five and one-half years old.

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Question 750066: A car is depreciating according to the formula c where x is the age of the car in years. Find the value of the car when it is five and one-half years old.
Answer by Cromlix(4381) About Me  (Show Source):
You can put this solution on YOUR website!
V=30000(2.72)^ -.08x
Years = 5.5
V = 30000(2.72)^(-.08 x 5.5)
V = £/$ 367.30
:-)