The dollar value v(t) of a certain car model that is t years old is given by the following exponential function.v(t) = 19, 900 * (0.84) ^ tRound your answers to the nearest dollar as necessary.Find the initial value of the car and the value after 11 years.

The dollar value vt of a certain car model that is t years old is given by the following exponential functionvt 19 900 084 tRound your answers to the nearest do class=

Respuesta :

Given

[tex]v(t)=19900(0.84)^t[/tex]

a) The car has its original (initial) value when no time has passed since it was bought; in other words t=0. Then,

[tex]\text{ initial value: }v(0)=19900(0.84)^0=19900*1=19900[/tex]

The initial value is 19900.

b) After 11 years, t=11; then,

[tex]\begin{gathered} v(11)=19900(0.84)^{11}=2923.64894... \\ \Rightarrow v(11)\approx2924 \end{gathered}[/tex]

Rounded to the nearest tenth, the second answer is 2924