Help!! Will mark brainliest!

Cars lose value over time. Every decade, their value decreases by 1/2. A car bought for $43,995. How much is it worth in 3 decades? Round to the nearest cent.

We can model the price of a given car in this scenario with the formula [tex]P=I\cdot\frac{1}{2}^t[/tex], where P is the current price of the car, I is the initial price, and t is the amount of time in decades that the car has been around. Plugging 43995 in for I and 3 in for t, we get:

[tex]P=43995\cdot\frac{1}{2}^3=43995\cdot\frac{1}{8}=5499.375\approx5499.38[/tex]

Answer Link

Tianlienne Tianlienne · Answer 2 · 2021-11-07T04:31:14+01:00

Tianlienne Tianlienne

07-11-2021

Answer:

131,985

Step-by-step explanation:

I don't think if it's right but I try my best to answer

Answer Link

Help!! Will mark brainliest! Cars lose value over time. Every decade, their value decreases by 1/2. A car bought for $43,995. How much is it worth in 3 decades? Round to the nearest cent.

Respuesta :

Otras preguntas

Help!! Will mark brainliest!

Cars lose value over time. Every decade, their value decreases by 1/2. A car bought for $43,995. How much is it worth in 3 decades? Round to the nearest cent.