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23 February, 06:01

V (t) = 26,000 (0.90^t) find the initial value and the value after 11 years

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  1. 23 February, 06:08
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    Well you're given the equation and the time.

    substitute:

    V (t) = 26,000 (0.90^t)

    V (11) = 26,000 (0.90^ (11))

    V (11) = 8,159.075498

    V (11) ≈ 8,159
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