Faith purchased a new car in 1998 for $32,900. The value of the car has been depreciating exponentially at a constant rate. If the value of the car was $19,900 in the year 2003, then what would be the predicted value of the car in the year 2007, to the nearest dollar?

This is what i found “an explicit formula designates the nth term of the sequence, as an expression of n (where n = the term's location). it defines the sequence as a formula in terms of n. this example is an arithmetic sequence(the same number, 5, is added to each term to get to the next term).” i hope this you for what your looking for. can you plz mark me brainliest?