You buy a car that costs $15,000. The value of the car depreciates by about 26%each year.a. Write a function to model this situation.b. How much will your car be worth after 12 years? Round to the nearest penny.

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Answered: You buy a car that costs $15,000. The…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter9: Quadratic Functions And Equations

Section9.8: Analyzing Functions With Successive Differences

Problem 30PPS

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You buy a car that costs $15,000. The value of the car depreciates by about 26% each year. a. Write a function to model this situation. b. How much will your car be worth after 12 years? Round to the nearest penny.