Answer:
27,000 x (0.85)^t
Explanation:
the value of the new car after first year is 27,000 x 0.85 = 22, 950
the value after second year is 22, 950 x 0.85 = 19, 507.50
The pattern continues.
We can say that the function represents this is
27,000 x (0.85)^t, where t is the number of years.
For example, find the value of the car after 10 years?
Value = 27,000 x (0.85)^10
Value = 27, 000 x 0.1968744....
Value = 5, 315.6089....