Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The value of a car decreases each year. The rate at which the value decreases is called depreciation and is a represented by a percentage. For Alina buys a car for $25,000, and the depreciation rate is 25%. That means that her car’s value goes down by 25% each year. The value can be represented by the function V(y)=25000(0.75)^v, where V represents the value of her car and y represents the number of years that she owns a car. Find the depreciated value of her car if she keeps it for 5 years.
In other words, evaluate: V(5)=25000(0.75)^5, rounding to the proper decimal place for money.

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Question 5
The value of a car decreases each year. The rate at which the value decreases is called depreciation and is represented by a percentage. For Alina buys a car for
$25,000, and the depreciation rate is 25%. That means that her car's value goes down by 25% each year. The value can be represented by the function
V(y) = 25000(0.75)Y, where V represents the value of her car and y represents the number of years that she owns the car. Find the depreciated value of her car if
she keeps it for 5 years.
In other words, evaluate: V(5) =25000(0.75)5, rounding to the proper decimal place for money.
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