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Can you explain ,do step by steps and show what formula to use 5. Kirstie bought a new car. After one year the value of

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Can you explain ,do step by steps and show what formula to use

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5. Kirstie bought a new car. After one year the value of the car had depreciated so that it was worth 60, 000. After 8 years the value of the car had depreciated further so that it was worth 10,000, If the value of the car decreases exponentially, then (to the nearest thousand dollars) how much did Kirstie pay for the car

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