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Kevin Buys a New CD Player for $190, and Finds

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Kevin buys a new CD player for $190, and finds two years later when he wants to sell it that it is only worth $45. Assuming the value of the CD player decreases exponentially, the formula for Kevin buys a new CD player for $190, and finds two years later when he wants to sell it that it is only worth $45. Assuming the value of the CD player decreases exponentially, the formula for , the value of the CD player after t years, is given by . Round your second answer to 2 decimal places. , the value of the CD player after t years, is given by Kevin buys a new CD player for $190, and finds two years later when he wants to sell it that it is only worth $45. Assuming the value of the CD player decreases exponentially, the formula for , the value of the CD player after t years, is given by . Round your second answer to 2 decimal places. . Round your second answer to 2 decimal places.

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