Suppose that the dollar value V (t) of a certain car that is

Last updated: 7/20/2022

Suppose that the dollar value V (t) of a certain car that is f years old is given by the following exponential function. v (t) = 20,000 (1.16)^t Find the initial value of the car. Does the function represent growth or decay? growth decay By what percent does the value of the car change each year?