Question

Suppose that the dollar value v(t) of a certain car that is t years old is given by the following exponential function.
v(t)= 19,900(1.21)'
Find the initial value of the car.
si
Does the function represent growth or decay?
growth
decay
By what percent does the value of the car change each year?
?

CAN YOU PLEASE HELP ME ILL MARK YOU AS A BRILLIANT

Answer 1

Step-by-step explanation:

initial value is when t = 0 = 19900

growth (since it does not depreciate)

percentage: (1.21 x 19900 / 19900) - 100 = 21%

Topic: Logarithms, Percentage

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