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12 July, 02:47

The value of a textbook is $120 and decreases at a rate of 12% per year. Write a function to model the situation and then find the value of the textbook after 9 years.

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  1. 12 July, 03:03
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    120 (0.12) = $14.40

    After the first deduction, the book now costs $105.60.

    It decreases $14.40 per year.

    Do this for 8 more years.

    This should give you what you need to form the needed function modeling the situation.
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