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Mathematics, 30.07.2019 11:30 tsigler6425

3years ago, you bought a pickup truck for $15,300. now, your purchase is only worth $6,857. what will the pickup truck be worth in 5 years if the value decays at an exponential rate rounded to the nearest dollar? hint: we’re solving for when t=8, since we bought the pickup truck 3 years ago, and are looking forward to another 5 years.

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