Question

Bobby purchased a brand new car for $23,000 every year the car depreciates 20%. The function f(x)=23,000 × 0.8^x models this situation. How much will the car be worth after 6 years?

Answer 1

that earns 3% interest compounded annually. He ... Is the equation A = 21000(1 – 0.12)'a model of ... (1+0.03)= 1.03 ... The value of a car purchased for $20,000 decreases ... Kathy plans to purchase a car that depreciates. ... B) P= 10,000(0.8) ... YEARS. Wolves d is less than 1! d is more than 11. 1 Growth f(x) = 80(0.1165).

Explanation: