studyowl8149 studyowl8149
  • 21-09-2018
  • Mathematics
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To the nearest dollar, what will be the approximate value of Milo's car 11 years after he purchased it?

To the nearest dollar what will be the approximate value of Milos car 11 years after he purchased it class=

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Аноним Аноним
  • 02-10-2018

We have been given the equation

[tex]y=20646(0.86)^x[/tex]

This equation represents the value of the brand car x years after it was purchased.

We have to find the value of the Milo's car  11 years  after he purchased. In order to find the same we can substitute x = 11 in the above equation.

On substituting x = 11 in the above equation, we get

[tex]y(11)=20646(0.86)^{11}\\y(11)\approx 3929 [/tex]

Therefore, the value of the car 11 years after purchasing is given by $3929

A is the correct option.

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