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7 August, 00:34

The value of a car is $18,000 and depreciating at a rate of 12% per year. Write an exponential decay function. Then find the value of the car after 10 years.

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  1. 7 August, 00:36
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    A.) 18000 x (0.88) ^x

    x=number of years

    b.) value after 10 yrs is represented by

    18000 x (0.88) ^10 = about $5013
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