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27 February, 12:01

Deepak bought a new car at the dealership for $25,000. It is estimated that the value of the car will decrease 9% each year. Which exponential function models the value v of the car after t years?

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  1. 27 February, 14:07
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    Hi there

    The function is

    V (t) = 25000 (1-0.09) ^t

    V (t) = 25000 (0.91) ^t ... answer

    Good luck!
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