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Evgen [1.6K]
3 years ago
11

Write a function for the situation described and find the value after 7 yrs. A $16,800 car depreciates 11% each year

Mathematics
1 answer:
seraphim [82]3 years ago
3 0

Answer:The starting value is 20,300, and the value is decreasing by 9.5% each year.

Because it decreases by 9.5% each year based on the previous amount, we use an exponential decay model.

A decrease by 9.5% corresponds to multiplying by 91.5% each year.

We write . We plug in 11 years for t.

$7,671.18

Click to let others know, how helpful is it

Read more on Brainly.com - brainly.com/question/9053845#readmore

Step-by-step explanation:

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