The function f(x)=21,500(0.86)^x models the value of a car after x years. What is the yearly depreciation rate of the value of the car?

asked Nov 24, 2022 137k views

21 votes

6.3k points

Please log in or register to add a comment.

6 votes

Answer:

The car loses 14 percent of its value each year.

Explanation:

subtract .86 from 1 to get the value of depreciation

Aaron Thoma answered Nov 28, 2022

5.6k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers