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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)=27,500(0.84) 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)=27,500(0.84)^t

Find the initial value of the car and the value after 10 years.

Round your answers to the nearest dollar as necessary.

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