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Bobby purchases a new car for $25,000. The car's value can be modeled by the following exponential function: y = 25000(0.84)^t where y represents the car's value and t represents time in years. How much is her car worth after 3 years rounded to the nearest cent?

User Jparker
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1 Answer

3 votes

Answer:

Explanation:

y=25000(0.84)^t

y=25000(0.84)^3

y=$14817.6

User Umair Khan Jadoon
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