Mathematics, 12.03.2021 01:00 rb3910

You purchase a used car for $16,000. The value of the car depreciates by 15% per year after purchase. Write an equation to represent the value of the car, V, after t years.

$V=16,000^(^0^.^1^5^)^t\\$
V=16,000(0.15)^t
V=16,000(1.15)^t

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