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The dollar value v t of a certain car model that is t years old is given by the following exponential function. = v t

The dollar value v

t

of a certain car model that is t

years old is given by the following exponential function.=
v
t
25,900
0.95
t

Find the initial value of the car and the value after 12

years.

Round your answers to the nearest dollar as necessary.

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