Question

The dollar value v (t) of a certain car model that is t years old is given by the following exponential

function.

v (t) = 20,000(0.88)

Find the initial value of the car and the value after 11 years.
Round your answers to the nearest dollar as necessary.


Initial value:


Value after 11 years:

Answer 1

30000 valie after 11 years initial value