Question

The value in dollars, v(x), of a certain truck after x years is represented by the equation (x)32,500(0.92). To the nearest dollar, how much more is the truck worth after 2 years than after 3 years?

Answer 1

v(x) = 32,500(.92)^x
after 2 years: 32,500(.92)^2 = $27694.67
After 5 years: 32,500(.92)^5 = $21785.40

Answer 2

The value in dollars, v(x), of a certain truck after x years is represented by the equation (x)32,500(0.92). To the nearest dollar, how much more is the truck worth after 2 years than after 3 years? the answer is 2,201