A new car costs $45,000 but depreciates
15% each year. Write a function that
models the value of the car. Find the value
of the car after 10 years.

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Respuesta :

Answer: $8859

Step-by-step explanation:

Let value after 10 years be y

y = 45000 (0.85)^10

y = 45000 (0.2)

y = 8859