A initial investment of $10,000 grows at a rate of 11% per year.
Write a function represents the value of the investment after years?
What will the investment be worth after 6 years?
After how many years will the investment be worth $75,000?
5.A used car bought for $13,000 depreciates at 9% per year.
Write a function represents the value of the car after tyears?
What will the car be worth after 4 years?
After how many years will the car be less than $5,000?