5. A car depreciates (loses value) at the rate of 20% per year. A specific car originally costs $20,000. a. Write an equation that models the value of the car. b. How much is the car worth is 5 years? c. How much is the car worth in 10 years?
5. A car depreciates (loses value) at the rate of 20% per year. A specific car originally costs $20,000. a. Write an equation that models the value of the car. b. How much is the car worth is 5 years? c. How much is the car worth in 10 years?
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 3SE: The Oxford Dictionary defines the word nominal asa value that is “stated or expressed but...
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