Find the value of y required for
1 answer:
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Answer:
In 2013 there were approximately 2.2 million cars for sale.
Step-by-step explanation:
Since the number of cars is decreasing by 23% per year, it is a decay model. This types of decay can be expressed in the following expression:
Where x is the year, cars(2007) is the number of cars in 2007. Applying this data we have:
If we want to know the number of cars in 2013, we need to apply that value to x and solve the expression.
In 2013 there were approximately 2.2 million cars for sale.