After t years, the value of a car that originally cost $16,000

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After t years, the value of a car that originally cost $16,000 depreciates so that each year is is worth 3/4 of it's value for the precious year. Find a model for V(t), the value of the car after t years. Sketch a graph of the model and determine the value of the car 4 years after it was purchased.

2 answers

2399000

4 years

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