The value V of a certain automobile that is t years old can be modeled by V(t) =14,293(0.78)t . According to the model when will the car be worth: (a.) $8000? (b.) $2000? (c.) $1000?

College Algebra
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ISBN:9781337282291
Author:Ron Larson
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Chapter5: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 39CT: The population P (in millions) of Texas from 2001 through 2014 can be approximated by the model...
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The value V of a certain automobile that is t years old can be modeled by V(t) =14,293(0.78)t . According to the model when will the car be worth:

(a.) $8000?

(b.) $2000?

(c.) $1000?

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