Trent Carpenter
2021-09-19
Roosevelt Houghton
Skilled2021-09-20Added 106 answers
Given data is :
The initial (t=0) value of the car is $24000
After one year (t=1) the value of the car is $19350
Let exponential model is
At t=0,
After 1 years t=1
Substitute value A and k in f(t)
Cost after 4 years is
Thus, the cost of a car after 4 years is $10144
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