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17 October, 04:03

Bobby purchases a new car for $25,000. The car's value can be modeled by the following exponential function: y = 25000 (0.84) ^t where y represents the car's value and t represents time in years. How much is her car worth after 3 years rounded to the nearest cent?

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  1. 17 October, 04:15
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    Step-by-step explanation:

    y=25000 (0.84) ^t

    y=25000 (0.84) ^3

    y=$14817.6
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