A new car costs $24000. It loses 8% value every 6 mths. The formula is;
$\displaystyle v(t) =24000(0.92)^\frac{t}{6}$
What would be the half life formula of the car in years? The value would be $12000.
$\displaystyle v(t) =12000(0.92)^\frac{?}{?}$
A new car costs $24000. It loses 8% value every 6 mths. The formula is;
$\displaystyle v(t) =24000(0.92)^\frac{t}{6}$
What would be the half life formula of the car in years? The value would be $12000.
$\displaystyle v(t) =12000(0.92)^\frac{?}{?}$