In 2001, a car was purchased for S20,000. Each year since, the resale value has decreased by 23%. Let t be the number of years since 2001. Let y be the value of the car, in dollars. Write an exponential function showing the relationship between y and t.
In 2001, a car was purchased for S20,000. Each year since, the resale value has decreased by 23%. Let t be the number of years since 2001. Let y be the value of the car, in dollars. Write an exponential function showing the relationship between y and t.
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter6: Exponential Functions And Sequences
Section: Chapter Questions
Problem 14CR
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