Mathematics, 11.06.2020 23:57 amberwithnell12512
Mr. Krampuson bought a brand new car that cost $35,930. When he went to sell his car he noticed it depreciated in value at an annual rate of 5.29%.
Write an equation to represent the exponential decay
After 8 years, what will his car be worth?
How long will it take for his car to be worth $14,000 (round to the nearest year)
Answers: 1
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