Suppose that today (year 0) your car is worth $19,000. Each year your car loses 15% of its value, but at the end of each year you add customizations to your car which increase its value by $80. Write a recurrence relation to model this situation. C(n) = 19000 0.85* if n - 0 if n > 0 80 x C(n-1)
Suppose that today (year 0) your car is worth $19,000. Each year your car loses 15% of its value, but at the end of each year you add customizations to your car which increase its value by $80. Write a recurrence relation to model this situation. C(n) = 19000 0.85* if n - 0 if n > 0 80 x C(n-1)
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:Suppose that today (year 0) your car is worth $19,000. Each year your car loses 15% of its value, but at the end of each year you add customizations to your car which increase its value by $80. Write a recurrence relation to model this situation.
19000
if n = 0
C(n) =
0.85*
xC(n-1) if n > 0
eBook
80
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