Question

Pls help asap


Problem
A car sells for \$5000$5000dollar sign, 5000 and loses \dfrac{1}{10}
10
1
​
start fraction, 1, divided by, 10, end fraction of its value each year.
Write a function that gives the car's value, V(t)V(t)V, left parenthesis, t, right parenthesis, ttt years after it is sold.

Answer 1

Answer: V(t)=5000(9/10)^t

Explanation:

If the car loses 1/10 of its value each year, that means 9/10 of the value remains each year.

So each year, the car's value is multiplied by a factor of 9/10 or 0.9

If we start with the initial value, $5000 and keep multiplying by 9/10 his function gives us the car's value t years from now: