The historical prices of a car are recorded for 11 years as shown.
a. Construct a scatter plot for the data.
b. Determine the exponential depreciation equation that models this data. Round to the nearest hundredth.
c. Determine the depreciation rate.
d. Predict the value of this car after 3½ years.

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Age 0 1 2 3 4 5 Value ($) 19,000 16,325 13,700 12,000 10,500 Con 9,700 Age 6 7 8 9 10 Value ($) 8,600 7,200 6,900 6,000 5,600