The value of a sports car is given by the equation V = 35000(0.85) + 1000, where V is the value in dollars and n is the age of the car, in years. What is the initial value of the car (in year O)? $0 $64 750.00 $29 750.00 $36 000.00

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Calculate the car's value in year 7 then calculate the intial value of the car for year 0, what is difference. Show all work and needed asap please!

The value of a sports car is given by the equation
n
V
35000(0.85) + 1000, where V is the value in dollars and n is the age
of the car, in years.
What is the initial value of the car (in year 0)?
=
$0
$64 750.00
$29 750.00
$36 000.00
Transcribed Image Text:The value of a sports car is given by the equation n V 35000(0.85) + 1000, where V is the value in dollars and n is the age of the car, in years. What is the initial value of the car (in year 0)? = $0 $64 750.00 $29 750.00 $36 000.00
The value of a sports car is given by the equation
V = 35000(0.85)” + 1000, where V is the value in dollars and n is the age
of the car, in years.
Complete a table of values of the car's value over the first eight years. What is the
cars value in year 7?
O $10 537.17
O $12 220.20
O $35 000.00
O $14 200.23
Transcribed Image Text:The value of a sports car is given by the equation V = 35000(0.85)” + 1000, where V is the value in dollars and n is the age of the car, in years. Complete a table of values of the car's value over the first eight years. What is the cars value in year 7? O $10 537.17 O $12 220.20 O $35 000.00 O $14 200.23
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