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kirill115 [55]
3 years ago
6

A used car has a value of $15,250 when it is purchased in 2012. The value of the car decreases at a rate of 7.5% per year. Write

an exponential function that models the value of the car, y, over x years. To the nearest cent, what will be the value of the car after eight years?
Mathematics
1 answer:
horrorfan [7]3 years ago
3 0
7.5% is 3/40. The equation is y=15250(1-3/40)ˣ=15250(37/40)ˣ.
When x=8 this becomes $8173.42.
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4 0
2 years ago
Find the value of b in the rhombus below
jeka94
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8 0
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❥\Large\pmb {\underline {\tt Answer}}

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7 0
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