Question

errence buys a new car for $20,000. The value of the car depreciates by 15% each year. If f(x) represents the value of the car after x years, which function represents the car’s value?

Answer 1

Hi there

The function is
F (x)=20000 (1-0.15)^x
F (x)=20000 (0.85)^x
Where x is the number of years

Hope it helps