Write an exponential growth or decay function to model each situation. Then find the value of the function after the given amount of time. A new car i

Tobias Ali

Tobias Ali

Answered question

2021-05-08

To model each circumstance, create an exponential growth or decay function. After the specified amount of time, determine the function's value. A new car costs $25,000, yet after six years, it loses 15% of its value.

Answer & Explanation

stuth1

stuth1

Skilled2021-05-10Added 97 answers

Answer is given below
Ian Adams

Ian Adams

Skilled2021-08-04Added 163 answers

y=a(1r)t
y=25000(10.15)t
t=6
y=25000(10.15)6
y=9428.74

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