The dollar value v (t) of a certain car model that is t years old is given by the following exponential function. v (t)= 20,000 (0.88)ʻ Find the initial value of the car and the value after 11 years. Round your answers to the nearest dollar as necessary.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 8T
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The dollar value v (t) of a certain car model that is t years old is given by the following exponential function.
v (t) = 20,000 (0.88)'
Find the initial value of the car and the value after 11 years.
Round your answers to the nearest dollar as necessary.
Transcribed Image Text:Español The dollar value v (t) of a certain car model that is t years old is given by the following exponential function. v (t) = 20,000 (0.88)' Find the initial value of the car and the value after 11 years. Round your answers to the nearest dollar as necessary.
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