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13 January, 20:43

Amber buys a car for $17,500. The car depreciates (loses value) 8% each year. Which function shows y, the value of the car (in dollars) in t years?

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  1. 13 January, 20:46
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    Y (t) = 17500 (1-0.08) ^t

    Y (t) = 17500 (0.92) ^t
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