Andersen purchased a car. The value of his car for the first 3 years is shown in the table below. Year Value of Car $16 000 $15 200 $14 440 3 $13 718 These data can be modelled by an exponential function of the form V = a·b where tis the number of years since the car was purchased, in years, and Vis the value of the car in dollars.

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Chapter1: Starting With Matlab
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a) Write an exponinetial function that’s Anderson could use to predict the future value of his car.Round the value of a to the nearest whole number and the value of b to the nearest hundredth 

b) Explain what’s numerical values in your function represent in the context of Thisbe problem

 

 

Andersen purchased a car. The value of his car for the first 3 years is shown in
the table below.
Year
Value of Car
$16 000
$15 200
$14 440
3
$13 718
These data can be modelled by an exponential function of the form
V = a·bt
where tis the number of years since the car was purchased, in years, and Vis the
value of the car in dollars.
1.
2.
Transcribed Image Text:Andersen purchased a car. The value of his car for the first 3 years is shown in the table below. Year Value of Car $16 000 $15 200 $14 440 3 $13 718 These data can be modelled by an exponential function of the form V = a·bt where tis the number of years since the car was purchased, in years, and Vis the value of the car in dollars. 1. 2.
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