Question
An important piece of construction equipment was worth 940 thousand dollars new. Then 25 years later it was worth $470 thousand dollars.
Find an exponential model for the value V0) (in thousands of dollars) of the equipment after / years and use it to determine in how many years
will it be worth just one thousand dollars?
years.

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An important piece of construction equipment was worth 940 thousand dollars new. Then 25 years later it was worth $470 thousand dollars. Find an exponential model for the value V0) (in thousands of dollars) of the equipment after / years and use it to determine in how many years will it be worth just one thousand dollars? years.

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