Jeremy bought a new truck for $32,000. The value of the truck after t years can be represented by the formula V = 32,000(.8)t. How much will the truck be worth in 2 years?
Jeremy bought a new truck for $32,000. The value of the truck after t years can be represented by the formula V = 32,000(.8)t. How much will the truck be worth in 2 years?
Your Formula is slightly wrong. It should be written like this:
V=32,000(.8)^t
V=32,000(.8)^2
V=32,000 x .64
V=$20,480 Value of Jeremy's truck after 2 years.
