love_to_love_you
  • love_to_love_you
Please help! Will fan and medal!
Mathematics
katieb
  • katieb
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love_to_love_you
  • love_to_love_you
A new car costs $42,000 and decreases in value by 12% each year. Write the function modeling this and then determine the value of the painting at 5 years. Show all steps
love_to_love_you
  • love_to_love_you
does anyone know?
welshfella
  • welshfella
value at year n = 42000(1 - 0.125)^n

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welshfella
  • welshfella
so plug in n = 5 to work out the value after 5 years

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