Answer: The values of the function V(x) over the domain (2, 5, 7) are 17881.66, 12,606.01 and 9985.224.
Explanation:
The cost of car is $22575 and the value of car depreciate at a rate of 11% per year.
The value of car can be modeled by the equation,
[tex]V(x)=22,575(0.89)^x[/tex]
Where is number of years after purchase of car or the age of car. We have to find the value of the function over the domain (2,5,7), so put x=2,
[tex]V(x)=22,575(0.89)^2=17881.66[/tex]
It means the value of car will be $17881.66 after two years.
put x=5,
[tex]V(x)=22,575(0.89)^5=12,606.01[/tex]
It means the value of car will be $12,606.01 after five years.
put x=7,
[tex]V(x)=22,575(0.89)^7=9985.224[/tex]
It means the value of car will be $9985.224 after seven years.
