Asked by Laura
An investment is initially worth $11,100. Write a formula for the function V(t) representing the value of this investment after
t years in each of the following situations:
A) The value decreases by $889 per year.
B) The value increases by $899 per year.
t years in each of the following situations:
A) The value decreases by $889 per year.
B) The value increases by $899 per year.
Answers
Answered by
Henry
A. V(t) = Vo - 899t.
Vo = Initial value.
B. V(t) = Vo + 899t.
Vo = Initial value.
B. V(t) = Vo + 899t.