5. The value of a car depreciates exponentially over time. You spend $20000 to purchase the car, and 3 years later, the car is valued at $14580. a. What is the decay factor (b-value) of the car? Show work. b. What percentage value of the car is lost each year? **find r..REMEMBER 1-r= your answer from part a..make sure to change the decimal back to a percent! c. Write an equation in terms of x to model this situation. Use y=a(b)*x. Do not use any
5. The value of a car depreciates exponentially over time. You spend $20000 to purchase the car, and 3 years later, the car is valued at $14580. a. What is the decay factor (b-value) of the car? Show work. b. What percentage value of the car is lost each year? **find r..REMEMBER 1-r= your answer from part a..make sure to change the decimal back to a percent! c. Write an equation in terms of x to model this situation. Use y=a(b)*x. Do not use any
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Need all the letters for question 5. Hopefully this fits in the TOS for Bartleby because it’s 1 question.
![5. The value of a car depreciates exponentially over time. You spend $20000 to purchase the
car, and 3 years later, the car is valued at $14580.
a. What is the decay factor (b-value) of the car? Show work.
b. What percentage value of the car is lost each year? **find r...REMEMBER 1-r= your
answer from part a..make sure to change the decimal back to a percent!
c. Write an equation in terms of x to model this situation. Use y=a(b)"x. Do not use any
commas in the #'s.
d. Predict what the value of the car will be after 7 years. Show your set-up/work! Round
answer to the nearest cent.
Value 7 years later: $](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc4ef79d7-5d8e-4db6-9825-d019b149f8a0%2F67c1592f-8af5-409b-96b3-44fb8343fece%2Ftgzuvo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:5. The value of a car depreciates exponentially over time. You spend $20000 to purchase the
car, and 3 years later, the car is valued at $14580.
a. What is the decay factor (b-value) of the car? Show work.
b. What percentage value of the car is lost each year? **find r...REMEMBER 1-r= your
answer from part a..make sure to change the decimal back to a percent!
c. Write an equation in terms of x to model this situation. Use y=a(b)"x. Do not use any
commas in the #'s.
d. Predict what the value of the car will be after 7 years. Show your set-up/work! Round
answer to the nearest cent.
Value 7 years later: $
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