Greene John
04/29/2024 · Elementary School

The dollar value \( v(t) \) of a certain car model that is \( t \) years old is given by the following exponential function. \[ v(t)=19,900(0.95)^{t} \] Find the value of the car after 6 years and after 12 years. Round your answers to the nearest dollar as necessary. Value after 6 years:

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Value after 6 years: $14,634 Value after 12 years: $10,749

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