Question

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The function P(1) - 5,000(1.098)' models the value, in dollars, of a painting after t years. What is the initial value of the painting?

Answer 1

the answer is $5,000

Explanation:

the question is asking what the initial value of the painting is and in the equation, they are trying to find out how much the painting will cost after t years. the 1.098 is how much the painting decreases each year and it is being multiplied by &5000 so $5000 is the original value of the painting.