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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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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 Kfk
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1 Answer

5 votes
t=log(6,700÷32,000)÷log(0.8)
t=7 years
User Pratik Pitale
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