Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Cars lose value over time. Every decade, their value decreases by 1/2. A car is bought for $2000. How much is it worth after 1 decade?

Sagot :

Answer:

$1000

Step-by-step explanation:

We can model the price of a given car 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 2000 in for I and 1 in for t, we get:

[tex]P=2000\cdot\frac{1}{2}^{t}=2000\cdot\frac{1}{2}=1000[/tex]

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.