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Alex73 [517]
3 years ago
14

An Investment of $12,000 is losing value at a rate of 4% each year. Write an exponential function to model the situation, then f

ind the value of the Investment after 9 years.
Mathematics
1 answer:
adelina 88 [10]3 years ago
5 0

Answer:After 9 years:

7,680

Step-by-step explanation:

4%=0.04

1 year = 12,000 x 0.04=<u>480</u>

9 years= 480 x 9 = <u>4320</u>

12,000-4320=<u> 7,680</u>

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