Question

Justin bought his truck new for $32,000. Its value decreases 9.0% each year. Choose the letter for the best answer.

5. Which function represents the yearly value of Justin's truck?
A f(t) = 32,000(1 + 0.9)^t
B f(t) = 32,000(1 - 0.9)^t
C f(t) = 32,000(1 + 0.09)^t
D f(t) = 32,000(1 - 0.09)^t

6. When will the value of Justin's truck fall below half of what he paid for it?
F In 6 years
G In 8 years
H In 10 years
J In 12 years

Answer 1

Justin bought his truck new for $32,000. Its value decreases 9.0% each year. Choose the letter for the best answer.

5. Which function represents the yearly value of Justin's truck?

A f(t) = 32,000(1 + 0.9)^t

B f(t) = 32,000(1 - 0.9)^t

C f(t) = 32,000(1 + 0.09)^t

D f(t) = 32,000(1 - 0.09)^t

6. When will the value of Justin's truck fall below half of what he paid for it?

F In 6 years

G In 8 years

H In 10 years

J In 12 years

Explanation: