Undergraduate

The dollar value vt of a certain car model that is t years old is given by the following exponential function. = vt 1 8

The dollar value
vt
of a certain car model that is
t
years old is given by the following exponential function.
=vt18,5000.86t
Find the initial value of the car and the value after
13
years.
Round your answers to the nearest dollar as necessary.
Initialvalue:
$
Valueafter13years:
$

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