The value, v(t), of a car depreciates according to the function v(t) = P(.85)^t, where P is the purchase price of the car and t is the time, in years, since the car was purchased. State the percent that the value of the car decreases by each year. Justify your answer.

The value, v(t), of a car depreciates according to the function v(t) = P(.85)^t, where P is the purchase price of the car and t is the time, in years, since the car was purchased. State the percent that the value of the car decreases by each year. Justify your answer.

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015

1st Edition

ISBN:9781680331141

Author:HOUGHTON MIFFLIN HARCOURT

Publisher:HOUGHTON MIFFLIN HARCOURT

Chapter8: Graphing Quadratic Functions

Section: Chapter Questions

Problem 30CR

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