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Algebra
Question

You are considering buying a new vehicle. A truck ...

You are considering buying a new vehicle. A truck will cost \( \$ 38,000 \) and it will depreciate \( 12 \% \) per year. The equation for the truck is \( y = 38000 ( .88 ) ^ { x } \) . An SUV will cost \( \$ 42,000 \) and it will depreciate \( 16 \% \) per year. The equation for the SUV is \( y = 42000 ( .84 ) ^ { x } \) . After how many years will the vehicles have the same value? A. \( 26574 \) B. \( 27764 \) C. \( 1.8 \) D. \( 2.05\) 

Answer

option D is correct

Solution
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