Question

Rick bought a new snowmobile for $10,500. He estimates that the snowmobile will decrease

in value by 14% each year.
Write an expression for V(t), the value of Rick's snowmobile, in dollars, after t years.
Write your answer in the form V(t) = a(b), where a and b are integers or decimals. Do not
round.

Answer 1

hope this helps

Explanation:

The expression for V(t), the value of Rick's snowmobile, in dollars, after t years can be given by:

V(t) = $10,500 * (1 - 0.14)^t

Simplifying this expression, we get:

V(t) = $10,500 * 0.86^t

So, the required expression for V(t) is:V(t) = 10,500 * 0.86^t

Answer 2

The value of Rick's snowmobile, in dollars, after t years can be expressed as:

V(t) = 10,500 * (0.86)^t

where 0.86 represents the 14% decrease in value each year.