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The value of a new car is R224 000,00. It is estimated that the value of the car will decrease at the rate of 11%
The value of a new car is R224 000,00. It is estimated that the value of the car will decrease at the rate of 11% per year. Answer the following questions: a. Determine the exponential function that describes the valu car y years after it was bought. b. Determine the value of the car six years after it was bought
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To solve these questions we need to use the formula for exponential decay The formula is ...Get Instant Access to Expert-Tailored Solutions
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