You just bought a new car for $22,000. Assume that the value of your new car depreciates at a constant
1) The decay rate is square
2) The decay factor is square
3) The equation of the function that represents the value, V(t), of the car in dollars t years from now is
Step 1 Given that the value of the car depreciates at a constant
That means the decay
Step 2 Given that the initial value is $22000 That means
And the decay factor
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149600000000 is equal to
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