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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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5 0
3 years ago
Read 2 more answers
Whoever helps gets brainliest answer and 10 points :)
andrew11 [14]
I think 5?
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