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A car depreciates about 15% each year. Write a function to model the depreciation in...
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High School Teacher
We will use exponential decay equation to solve.
c= initial value.
r= rate of decay.
t= time period.
Given that the car's initial value is c= 20,000
The rate of decay is given by r= 15% = 0.15
Then, the function is given by:
`==gt A(t)= 20,000(0.85)^t`
Posted by hala718 on April 16, 2012 at 1:04 AM (Answer #1)
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