SOLUTION: Suppose you buy a new car for $18,000. At the end of n years, the value of your car is given by the sequence vn = 18000(3/4)^n, n = 1, 2, 3, ….. Find the fifth term and explain wha

Algebra ->  Sequences-and-series -> SOLUTION: Suppose you buy a new car for $18,000. At the end of n years, the value of your car is given by the sequence vn = 18000(3/4)^n, n = 1, 2, 3, ….. Find the fifth term and explain wha      Log On


   



Question 779683: Suppose you buy a new car for $18,000. At the end of n years, the value of your car is given by the sequence vn = 18000(3/4)^n, n = 1, 2, 3, ….. Find the fifth term and explain what this value represents. Describe the nth term of the sequence in terms of the value of your car at the end of each year.
Answer by oscargut(2103) About Me  (Show Source):
You can put this solution on YOUR website!
vn = 18000(3/4)^n
v5 = 18000(3/4)^5
v5 = 4271.48 (the value of the car at the end of the 5th year)
If you have more questions i can see them if you contact me at: mthman@gmail.com
Thanks