Question

Chase buys a new Camaro for 55.500. It will lose 15% in value per year He would like to sell the car when it gets to 20,000. When should he sell the car
what is the best model for the situation
f(x)= 55,500*$(.15)^{x}$
f(x)= 55,500*$(.85)^{x}$
f(x)= 55,500*$(1.15)^{x}$
f(x)= 55,500*$(1.85)^{x}$

How many years should he keep it
8 years
7 years
6 years
5 years

Answer 1

Answer:

What is the best model equation?

f(x)=55,500(.85)^x

How many years should he keep it ?

6 years

Step-by-step explanation:

Hope this helps :)