Question

Jackson purchases a new car for $48,000. The car's value can be modeled by the following exponential function: y = 48,000(0.76)^t where y represents the car's value and t represents time in years. Madelyn says there is no horizontal asymptote while Owen says there is a horizontal asymptote at y = 0. Who is correct and how do you know?

Answer 1

owen is correct

Explanation:

if you go to desmos and write Y=48,000(0.76)^x you can see that the asymptote is y=0