Question

You buy a car for $25000. It lose 14% of its value every year. Sally wrote a function that represents the value of the car after t years. V(t)=25000(1.14)t Describe and correct the error

Answer 1

Correct answer

V(t) = 25000(0.86) t

Explanation:

You wont turn 14% into a multiplier (1.14 - multiplier) becuase the value decreases not increases so you do 100% - 14% to get 86% and divide by 100 to get 0.86...that's the value that goes in the brackets