The dollar value v (t) of a certain car model that is † years old is given by the following exponential function.v (1) = 20,000 (0.86)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:

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Answered: The dollar value v (t) of a certain car…

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015

1st Edition

ISBN:9781680331141

Author:HOUGHTON MIFFLIN HARCOURT

Publisher:HOUGHTON MIFFLIN HARCOURT

Chapter6: Exponential Functions And Sequences

Section: Chapter Questions

Problem 8CA

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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) = 20,000 (0.86) 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: