Respuesta :

so, the car was £20,000 originally, then, what's its current value 4 years later?

[tex]\bf \qquad \textit{Amount for Exponential Decay}\\\\ A=I(1 - r)^t\qquad \begin{cases} A=\textit{accumulated amount}\\ I=\textit{initial amount}\to &2000\\ r=rate\to 18\%\to \frac{18}{100}\to &0.18\\ t=\textit{elapsed time}\to &4\\ \end{cases} \\\\\\ A=2000(1-0.18)^4\implies A=2000(0.82)^4\implies A=904.24352[/tex]
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