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A car is purchased for 32,000. The value of the car depreciates by 3% per year.

A. Write an exponential function to model the value of the car after t years?
B. What is the value of the car 6 years after it is purchased?


Sagot :

Answer:

A) car one is linear because it decreases the same amount every year.  

    car two decreases by the same ratio so it's exponential.  

B) for car one y = -6,000x + 38,000 (y is the value after x years, -6,000 is what it changes by every year, and 38,000 is the amount of year 0)

   for car two y = (44,000) (17/20)x-1 (y is the value after x years, 44,000 is the amount on year 0, and 17/20 is the ratio)

C) after 5 years car one will be 8,000

    after 5 years car two will be about 16,860