litany2005p75p5x litany2005p75p5x
  • 28-08-2021
  • Mathematics
contestada

► 1-79 A new car purchased for $27.000 loses 15% of its value each year.

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tacobellforever tacobellforever
  • 28-08-2021

Are you finding the function?


Step 1:

a=$27,000. (Given)
Annual percent of decrease (r): 15%. (Given)

Step 2:
(Assuming m is the multiplier)

M=1-r

1-15/100

M=.85%

Step 3:
The function representing this

F(t): 27,000•(.85)^t
Answer Link

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