Hammond Newton
04/22/2024 · Elementary School
The dollar value \( v(t) \) of a certain car model that is \( t \) years old is given by the following exponential function. \[ v(t)=32,000(0.78)^{t} \] Find the value of the car after 5 years and after 12 years. Round your answers to the nearest dollar as necessary. value after 5 years: value after 12 years:
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value after 5 years: $9239
value after 12 years: $1623
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