The price p, in dollars, of a Honda Civic EX-L sedan that is x years old is

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The price p, in dollars, of a Honda Civic EX-L sedan that is x years old is modeled by p(x) = 25,495 · 0.90 x

(a) How much should a 3-year-old Civic EX-L sedan cost?

(b) How much should a 9-year-old Civic EX-L sedan cost?

(c) Explain the meaning of the base 0.90 in this problem.

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