Pregunta
- Write an equation relating the value of the car in dollars,
, to the number of years,
.
Ask by Wood Turnbull. in the United States
Jan 21,2025
Solución de inteligencia artificial de Upstudy
Respuesta verificada por el tutor
Responder
To relate the car’s value
to the number of years
, you can use the exponential decay model:
Where:
-
is the initial value. -
is the depreciation rate. -
is the time in years.
If you have specific values for
and
, plug them in to get the exact equation.
Solución

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Como
The Deep Dive
To model the depreciation of a car, we can use the equation
, where
is the value of the car after
years,
is the initial purchase price, and
is the annual depreciation rate (expressed as a decimal). For instance, if you bought a car for $20,000 with a depreciation rate of 15% per year, after 3 years, the car’s value would decline, reflecting how quickly cars lose their value over time.
In the real world, this depreciation model helps car buyers and sellers understand potential resale value. If you’re considering financing or insuring a vehicle, knowing how much value it will lose can help you make informed decisions. For instance, if you’re planning to sell your car after a few years, you can estimate its worth and strategize about when to sell to maximize your return.
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