Question

The equation y=20646 x 0.86^x estimates the value of a brand of car x years after it was purchased new. milo purchased this brand of car when it was new. to the nearest dollar, what will be the approximate value of milos car 11 years after he purchased it?

Answer 1

20646(.86^11) = 3929

Answer 2

The approximate value of milos car 11 years after he purchased it is 3929.

Explanation:

The given equation is

`y=20646(0.86)^x`

Here, y is the estimates the value of a brand of car x years after it was purchased new.

We have to find the approximate value of milos car 11 years after he purchased it.

Substitute x=11 in the given equation.

`y=20646(0.86)^(11)`

`y=3929.33346204`

`y\approx 3929`

Therefore the approximate value of milos car 11 years after he purchased it is 3929.