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Ex. 3) The original value of a car is $30,000. The value of the car will decrease 5.2% each year. Find the following. a) What

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Ex. 3) The original value of a car is $30,000. The value of the car will decrease 5.2% each year. Find the following. a) What is the initial value of the car? b) What is the expected growth factor per year. c) The function, C(1), models the value of the car, where t is how long since the car was sold. What would C(1) represent? d) What would the value of the car be after 3 years? (Round to the nearest cent)

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