KatsQueer KatsQueer

06-11-2016
Mathematics

Answered

The initial value of a car is $27,000. After one year, the value of the car is $20,250. What exponential function models the expected value of the car? Estimate the value of the car after 3 years.

A$13,824
B$11,391
C$16,581
D$19,683

Verified Answer :

Aliwohaish12 Aliwohaish12

06-11-2016

P=20250/27000=0.75,,,y=a*b^t
Y=27000(0.75)^3=11,390.625

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