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Questi Suppose that the dollar value v (t) of a certain car that is t years old is given by the following exponential function. v

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Questi Suppose that the dollar value v (t) of a certain car that is t years old is given by the following exponential function. v (t) = 20,000 (1.12) Find the initial value of the car. Does the function represent growth or decay? O growth O decay By what percent does the value of the car change each year? 1% X

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