A new car purchased for $27,000 loses 15% of its value each year.
What is the multiplier?
Write a function of the form f (t) = abt that represents the situation.
At the current rate, what will be the value of the car in five years?
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Home » Mathematics » A new car purchased for $27,000 loses 15% of its value each year. What is the multiplier? Write a function of the form f (t) = abt that represents the situation. At the current rate, what will be the value of the car in five years?