The dollar value v (t) of a certain car model that is / years old is given by the following exponential function.

Question

The dollar value v (t) of a certain car model that is / years old is given by the following exponential function.
v (t)=32,000(0.95)^t
Find the initial value of the car and the value after 11 years.
Round your answers to the nearest dollar as necessary.
Initial value:
Value after 11 years:

Kunduz · Accepted Answer

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