• anonymous
The value V(t) of a $18,000 car after t years that depreciates at 20% per year is given by the formula V(t) = V0(b)t. What is the value of V0 and b, and what is the car's value after 5 years (rounded to the nearest cent)? Hint: Use the equation b = 1 − r to determine depreciation. V0 =$18,000, b = 0.80, and the value after 5 years is $5,898.24 V0 =$18,000, b = 0.20, and the value after 5 years is $5.76 V0 =$18,000, b = 1.20, and the value after 5 years is $44,789.76 V0 =$18,000, b = 0.80, and the value after 5 years is \$5,760.00
Mathematics
• Stacey Warren - Expert brainly.com
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SOLVED
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