Depreciation The value V of a Honda Civic SE that is t years old can be modeled by V(t) = 18,955(0.905)t . (a) According to the model, when will the car be worth $16,000?(b) According to the model, when will the car be worth $10,000?(c) According to the model, when will the car be worth $7500?

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.CR: Chapter Review
Problem 37E: Depreciation A Ford Mustang purchased for 18,750 is expected to depreciate according to the formula...
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Depreciation The value V of a Honda Civic SE that is t years old can be modeled by V(t) = 18,955(0.905)t .

(a) According to the model, when will the car be worth $16,000?
(b) According to the model, when will the car be worth $10,000?
(c) According to the model, when will the car be worth $7500?

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