Answer:
The context that could not be modeled by an exponential function is "A car depreciates at a rate of 3.7% per year." Exponential functions are typically used to model situations involving growth or decay that occur at a constant rate over time. In this case, the rate of depreciation of the car is decreasing over time, so it cannot be modeled by an exponential function. A linear function or a more complex model may be more appropriate.