Mathematics, 03.04.2021 02:20 sarinaneedshelp01

Tenzin has purchased a minivan for $35 000. The value (V), in dollars, of the minivan as a function of time (t), in years, depreciates according to the function
V(t) = 35000(0.5)^t/3. How long will it take for Tenzin's minivan to depreciate to 15% of its initial value?
(Equation included below for clarity).

$v(t) = 35000( \frac{1}{2} )^{ \frac{t}{3} }$

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