Question 122005
The Honda depreciation function, H,is
{{{H(T)=32000(1-0.20)^(T-2000)}}}
The value of H for 2005 is, 
{{{H(2005)=32000(0.80)^(2005-2000)}}}
{{{H(2005)=32000(0.80)^(5)}}}
{{{H(2005)=32000(0.32768)}}}
{{{H(2005)=10485.76}}}
The Corvette depreciation function, C,is
{{{C(T)=43000(1-0.15)^(T-1994)}}}
The value of C for 2005 is, 
{{{C(2005)=43000(0.85)^(2005-1994)}}}
{{{C(2005)=43000(0.85)^(11)}}}
{{{C(2005)=43000(0.16734)}}}
{{{C(2005)=7195.76}}}
The Honda is worth $10,485.76 while the Corvette is worth $7195.76.
The Honda is worth $3290.00 more than the Corvette.