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Complete the steps for finding the value of a car after 5 years of depreciation.

Initial value of a car: $15,000
Decay factor: 12% per year
Time: 5 years
Equation: f(x) = a(1 - r) to the power x
Wrire the function to model exponential decay.
Substitute values for a, r, and x.

...Please help a fellow girl out

Complete the steps for finding the value of a car after 5 years of depreciation. Initial-example-1

1 Answer

3 votes

Answer:

8232.174542

Explanation:

Complete the steps for finding the value of a car after 5 years of depreciation. Initial-example-1
User Denizmveli
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