$61526 truck depreciates 7% per year.Write an exponential function to model the situation.Find the value of the function after 8 years.Round to the nearest cent.

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
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ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter6: Exponential Functions And Sequences
Section: Chapter Questions
Problem 8CA
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A $61526 truck depreciates 7% per year.Write an exponential function to model the situation.Find the value of the function after 8 years.Round to the nearest cent.
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