Mathematics, 20.04.2021 05:50, Lesquirrel
A new car is purchased for $14,000 and over time its value depreciates by one half
every 3.5 years. Write a function showing the value of the car after t years, where the
annual decay rate can be found from a constant in the function. Round all coefficients
in the function to four decimal places. Also, determine the percentage rate of decay
per year, to the nearest hundredth of a percent.
Answers: 2
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A new car is purchased for $14,000 and over time its value depreciates by one half
every 3.5 years...
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