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Mathematics, 24.03.2020 20:03 ashley4329

The value of a brand new SUV is currently $15,400. After every year, the value of the SUV decreases by 10%.
a)First construct an exponential decay equation:

(A) V = 15400(1 – 10)t

(B) V = 15400(1 – 0.10)t

(C) V = 15400(0.10)t

(D) V = 15400(10 – 0.10)t

b) When will the value of the SUV be $12,465?

t =

(A) 1 year

(B) 2 years

(C) 3 years

(D) 4 years

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