Do letter e and f please OHint (a):b. Suppose the initial value of your car is $23, 500. Write an equation expressing the trade-in value of your car as afunction of the number of years from now.VAnswer (b):y =23500(0.8)*c. How much will your car be worth in four years?OHint (c):d. What is the average rate of change in the value of your car during the first four years? Explain what the average rate ofchange means in this context.OHint (d):e. In how many years will the trade-in value of your car be $6000?Step (e):Solve: 6000 =OMore Help (e):f. If your car is really 2.7 years old now, what was its value when it was new?OHint (f):© 2019 CPM Educational Program. All rights reserved.acer ne > INT3 > Chapter 7 > Lesson 7.1.4 > Problem 7-437-43.A rule-of-thumb used by car dealers is that the trade-in value of a car decreases by 20% each year.a. Explain how the phrase "decreases by 20% each year" tells you that the trade-in value decreases exponentially withtime (i.e., can be represented by an exponential function).OHint (a):b. Suppose the initial value of your car is $23, 500. Write an equation expressing the trade-in value of your car as afunction of the number of years from now.MAnswer (b):y = 23500(0.8)*c. How much will your car be worth in four years?OHint (c):d. What is the average rate of change in the value of your car during the first four years? Explain what the average rate ofchange means in this context.OHint (d):e. In how many years will the trade-in value of your car be $6000?Step (e):Solve: 6000 = 23500(0.8)"SOMore Help (e):f. If your car is really 2.7 years old now, what was its value when it was new?

(e). The model for the given problem is: y(x)=23500(0.8)x

Answered: b. Suppose the initial value of your…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter5: Inverse, Exponential, And Logarithmic Functions

Section5.3: The Natural Exponential Function

Problem 40E

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