word problems?

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the cost of a taxi cab when new is $20,000.
its value after t(years) is given by
v(t)=20,000(0.65) t exponent
what will the cab be worth in 6 years?

The value will be v(6) = 20,000*(0.65^6) = $1508.38.

2006-10-24 06:59:29 · answer #1 · answered by James L 5 · 0⤊ 0⤋

Mathematically about $1,500 on the open market about $100.00

2006-10-24 07:03:42 · answer #2 · answered by Brite Tiger 6 · 0⤊ 0⤋

NOT MUCH THE WAY THINGS DEPRECIATE, GO DOWN IN PRICE....

2006-10-24 07:02:49 · answer #3 · answered by Anonymous · 0⤊ 0⤋