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4) Jeremy bought a new truck for $32,000. The value of the truck after t years can be represented by the formula V = 32,000(.8)t. When will the truck be worth approximately $6700?
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4) Jeremy bought a new truck for $32,000. The value of the truck after t years can be represented by the formula V = 32,000(.8)t. When will the truck be worth approximately $6700?

User Martin Morterol
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1 Answer

6 votes

V(2) = 32000*0.8^2 = $20,480

User Leffchik
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