Mathematics, 13.11.2021 08:20 chas8495

You bought a new car for $22,000. The value of the car decreases by 12.5% per year. a. Write an exponential decay equation.

b. Use your equation and logarithms to estimate when the car will have a value of $8,000. Round the number of years to the nearest tenth.

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You bought a new car for $22,000. The value of the car decreases by 12.5% per year. a. Write an exponential decay equation. b. Use your equation and logarithms to estimate when the car will have a value of $8,000. Round the number of years to the nearest tenth.

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Another question on Mathematics

You bought a new car for $22,000. The value of the car decreases by 12.5% per year. a. Write an exponential decay equation.

b. Use your equation and logarithms to estimate when the car will have a value of $8,000. Round the number of years to the nearest tenth.