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There is a new truck worth $31,500 and it loses value at the rate of 2.7% per year. 1) Create an exponential model. 2) How much is the truck worth 5 years later? 3) How much is the truck worth 15 months
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There is a new truck worth $31,500 and it loses value at the rate of 2.7% per year.

1) Create an exponential model.
2) How much is the truck worth 5 years later?
3) How much is the truck worth 15 months later?

User Lazyboy
by
6.5k points

1 Answer

5 votes

Answer:

For 2 it's 27,247 and for 3 it's 31393.86

Explanation:

User Pratik Bhoir
by
6.3k points
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