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► 1-79 A new car purchased for $27.000 loses 15% of its value each year.
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Jul 15, 2022
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► 1-79 A new car purchased for $27.000 loses 15% of its value each year.
Mathematics
college
Natasha Dutta
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Natasha Dutta
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Are you finding the function?
Step 1:
a=$27,000. (Given)
Annual percent of decrease (r): 15%. (Given)
Step 2:
(Assuming m is the multiplier)
M=1-r
1-15/100
M=.85%
Step 3:
The function representing this
F(t): 27,000•(.85)^t
Daniel Dewhurst
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Jul 21, 2022
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Daniel Dewhurst
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