A computer valued at $1500 loses 20% of its value each year. a. Write a function rule that models the value of the computer. b. Find the value of the computer after 3 yr. c. In how many years will the value of the computer be less than $500? Remember the general form of an exponential function:
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.
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