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The value in dollars v(x), of a certain truck after x years is represented by the equation v(x)= 32,500(0.92) raised to the x power. To nearest dollar, how much is the truck worth after 2 years.

Respuesta :

Answer:

$27508

Step-by-step explanation:

The value of a truck v(x) in dollars after x years is modeled by the equation [tex]v(x) = 32500(0.92)^{x}[/tex].

Now, this is an exponential decay function, where the price of the truck is depreciating at an exponential rate.

So, after 2 years the value of the truck will become [tex]v(x) = 32500(0.92)^{2} = 27508[/tex] dollars. (Answer)

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