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11 April, 19:13

Andrew purchased a car for $19,500 the value of the car depreciates at a rate of 8.6% each year. which equation models the value of andrew car, y, after x years

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  1. 11 April, 20:21
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    If the value depreciates 8.6%, it is 91.4% of what it was the year before. The value can be modeled by

    y = 19500 (0.914) ^x
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