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A car was purchased for $16,000. Each year since, the resale value has decreased by 26%.

Let t be the number of years since the purchase. Let y be the resale value of the car, in dollars.

Write an exponential function showing the relationship between y and t.

User Gpothier
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1 Answer

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Answer:

y = 16000(0.86)^t

Explanation:

y = 16000(0.86)^t

User OrangeRind
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