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a car sales for $5,000 in losses 1/10 of its value each year right write a function that gives a car value T years after it's sold

User Ando
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Answer:

The value of car after T years of sold is $5,000
(0.9)^(\textrm T)

Explanation:

The initial value of car = i = $5,000

The value of car decreases every years at rate = r =
(1)/(10) = 0.1 = 10%

Let The value of car after T years of sold = $f

Now, According to question

The value of car after T years of sold = initial value of car ×
(1-(rate)/(100))^(\textrm time)

I.e f = i ×
(1-(r)/(100))^(\textrm T)

Or, f = $5,000 ×
(1-(10)/(100))^(\textrm T)

Or, f = $5,000 ×
(0.9)^(\textrm T)

So,The value of car after T years = f = $5,000
(0.9)^(\textrm T)

Hence,The value of car after T years of sold is $5,000
(0.9)^(\textrm T) Answer

User Redgeoff
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