12. Shannon's new car sold for $21,000. Her online research indicates that the car will depreciate exponentially at a rate of 81% per year. Write the exponential depreciation formula for Shannon's car. A. y 21,000(0.9175)* B. y 21,000(1-0.9475)* C. y=(1-0.0825)* D. y=28,000(0.0825)*

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 22T
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12. Shannon's new car sold for $21,000. Her online research indicates that the
car will depreciate exponentially at a rate of 81% per year. Write the
exponential depreciation formula for Shannon's car.
A. y 21,000(0.9175)*
B. y 21,000(1-0.9475)*
C. y=(1-0.0825)*
D. y = 28,000(0.0825)*
Transcribed Image Text:12. Shannon's new car sold for $21,000. Her online research indicates that the car will depreciate exponentially at a rate of 81% per year. Write the exponential depreciation formula for Shannon's car. A. y 21,000(0.9175)* B. y 21,000(1-0.9475)* C. y=(1-0.0825)* D. y = 28,000(0.0825)*
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