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7 November, 21:22

A car is worth $50,000 brand new and it will loose 10% of its value each year

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  1. 7 November, 21:42
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    We can set this geometric sequence up as so:

    y = 50,000 (0.90) ^ (x - 1)

    The value of the car is represented by y, and the year is represented by x.
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