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RUDIKE [14]
3 years ago
15

A new car is purchased for $18,000. Every year after the new car is purchased, it loses 1/3 of its value. Is this an example of

exponential growth or exponential decay? Explain your answer based on what you have learned about exponential growth and exponential decay.
no joke answers pls.
reply if you know the answer.
Mathematics
1 answer:
nika2105 [10]3 years ago
8 0

Answer: Exponential Growth

Step-by-step explanation:

Since this car is being divided, it will only increase it's value, hope this helps, Merry Christmas and have a nice day.

18 000 / (1/3) =

54000

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