the function p(t)=12,995(0.88)^t gives the value of a type of car after t years. what is the value of the car after 10 years
To find the value of the car after 10 years, we simply need to plug in t=10 into the given function:
p(10) = 12,995(0.88)^10
Using a calculator, we can evaluate this expression to be approximately $3,057.86.
Therefore, the value of the car after 10 years is $3,057.86.