The dollar value v (t) of a certain car model that is t years old is given by the following exponential function. v (1) = 27,500 (0.86)' Find the value of the car after 5 years and after 12 years. Round your answers to the nearest dollar as necessary. Value after 5 years: Value after 12 years:
The dollar value v (t) of a certain car model that is t years old is given by the following exponential function. v (1) = 27,500 (0.86)' Find the value of the car after 5 years and after 12 years. Round your answers to the nearest dollar as necessary. Value after 5 years: Value after 12 years:
Chapter5: Exponential And Logarithmic Functions
Section5.5: Exponential And Logarithmic Models
Problem 2ECP: The number of bacteria in a culture is increasing according to the law of exponential growth. After...
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![The dollar value v (t) of a certain car model that is years old is given by the following exponential function.
v(1) = 27,500 (0.86)'
Find the value of the car after 5 years and after 12 years.
Round your answers to the nearest dollar as necessary.
Value after 5 years:
Value after 12 years:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F625f747d-63e1-4d9a-aac2-8d5efa7faf71%2F37480d6c-c520-4825-9352-3d5f73932950%2Fcno20d_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The dollar value v (t) of a certain car model that is years old is given by the following exponential function.
v(1) = 27,500 (0.86)'
Find the value of the car after 5 years and after 12 years.
Round your answers to the nearest dollar as necessary.
Value after 5 years:
Value after 12 years:
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