Question

Please help!

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. How much will the truck be worth in 2 years?

Answer 1

It would be worth 25,600 dollars.

Answer 2

$20480 will be the value of truck after 2 years.

Explanation:

Jeremy bought a new truck for $ 32,000. The value of the truck after t years can be represented by the formula

`V=32000(0.8)^(t)`

We have to calculate the value of truck after 2 years

`V=32000(0.8)^(2)=32000(0.64)=20480`

Therefore after 2 years value of the truck will be $20480.