3. A vehicle depreciates by 25% each year. Its value, VVV, in dollars, as a function of time, t, in years, can be modeled by the function V(t) = 28000(0.75'). a. What was the initial value of the vehicle? Explain your reasoning. b. How long will it take for the vehicle to depreciate to half its initial value, rounded to the nearest tenth of a year? c. After how many years will the vehicle's value be reduced to $5,000? Provide your answer to the nearest tenth of a year.

3. A vehicle depreciates by 25% each year. Its value, VVV, in dollars, as a function of time, t, in years, can be modeled by the function V(t) = 28000(0.75'). a. What was the initial value of the vehicle? Explain your reasoning. b. How long will it take for the vehicle to depreciate to half its initial value, rounded to the nearest tenth of a year? c. After how many years will the vehicle's value be reduced to $5,000? Provide your answer to the nearest tenth of a year.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter7: Exponents And Exponential Functions

Section7.8: Transforming Exponential Expressions

Problem 17PFA

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