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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 valuev
t
of a certain car model that ist
years old is given by the following exponential function.
=
v
t
27,500
0.90
t
Find the initial value of the car and the value after11
years.
Round your answers to the nearest dollar as necessary.
Initial
value:
$
Value
after
11
years:
$
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