The value of a property depreciates such that when it is t years old its value V ringgit is given by the formula V=3300e-0.39t+1000. i.)Show that the initial price of the property is RM4300.  [Hint: The initial price is the value of the property when t = 0.] ii.)The owner of the property decides to sell it when its value is RM2650. Find, to the nearest month, the age of the property when it is sold.

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Author:Lynn Marecek, MaryAnne Anthony-Smith
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Chapter10: Quadratic Equations
Section10.4: Solve Applications Modeled By Quadratic Equations
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The value of a property depreciates such that when it is t years old its value
V ringgit is given by the formula V=3300e-0.39t+1000.

i.)Show that the initial price of the property is RM4300. 
[Hint: The initial price is the value of the property when t = 0.]

ii.)The owner of the property decides to sell it when its value is RM2650.
Find, to the nearest month, the age of the property when it is sold.

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