Vehicle Depreciation Caa928
1. **State the problem:** We have a vehicle whose value $D$ in dollars depreciates over time $t$ in years according to a function (not explicitly given in the prompt). We want to find the time $t$ when the vehicle's value is $20,000$.
2. **Assume the depreciation function:** Typically, vehicle depreciation can be modeled by an exponential decay function such as $$D(t) = D_0 e^{-kt}$$ where $D_0$ is the initial value and $k$ is the depreciation rate.
3. **Set up the equation:** We want to find $t$ such that $$D(t) = 20000$$
4. **Solve for $t$:**
$$20000 = D_0 e^{-kt}$$
Divide both sides by $D_0$:
$$\frac{20000}{D_0} = e^{-kt}$$
Take the natural logarithm of both sides:
$$\ln\left(\frac{20000}{D_0}\right) = -kt$$
Solve for $t$:
$$t = -\frac{1}{k} \ln\left(\frac{20000}{D_0}\right)$$
5. **Interpretation:** To find the exact time, you need the initial value $D_0$ and the depreciation rate $k$. Once you have those, plug them into the formula above to get $t$.
**Final answer:** $$t = -\frac{1}{k} \ln\left(\frac{20000}{D_0}\right)$$