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PEARSONFAITH37IN
Answered

A car loses 20% of its value every
year. How much will a £6000 car be worth after
a)1 year?
b) 3 years?
c) 8 years?​

Answer :

MHANIFAIN

Answer:

See below

Step-by-step explanation:

20% loss a year with initial value of £6000 can be shown as function:

  • V(t) = 6000*0.8^t

V(t) - is the value after t years

a) t = 1 year

  • V(1) = 6000*0.8 = £4800

b) t = 3 years

  • V(3) = 6000*0.8^3 = £3072

c) t = 8 years

  • V(8) = 6000*0.8^8 = £1006.63

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