After the four-year period, Siân withdraws 40 000 AU buy a car. It is known that the car will depreciate at a The value of the car will be 2500 AUD after t years. Find the value of t.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 66SE: Kyoko has 10,000 that she wants to invest. Her bankhas several investment accounts tochoose from,...
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After the four-year period, Siân withdraws 40 000 AUD from her savings account and uses this money to
buy a car. It is known that the car will depreciate at a rate of 18% per year.
The value of the car will be 2500 AUD after t years.
Find the value of t.
Transcribed Image Text:After the four-year period, Siân withdraws 40 000 AUD from her savings account and uses this money to buy a car. It is known that the car will depreciate at a rate of 18% per year. The value of the car will be 2500 AUD after t years. Find the value of t.
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