The cost of a new SUV is $30,000. If it depreciates at a rate of 18% per
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The cost of a new SUV is $30,000. If it depreciates at a rate of 18% per year, the value of the SUV in t years can be approximated by the function V(t) = 30,000 (0.82)t. Determine the value of the SUV in 4 years. Round your answer to the nearest cent.
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Vt 30000082 ...View the full answer
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Related Book For 
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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