### Home > CALC > Chapter 7 > Lesson 7.2.1 > Problem7-63

7-63.

The value of a new car is $10{,}000$. Its value decreases by $2\%$ each year. Find its average value during the $12$ years of its life.

Find the average value of an exponential equation.

$V_{\text{avg}}=\frac{1}{12}\int_0^{12}V(t)dt$