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24-11-2017
Mathematics

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You buy a new car that cost $25,000 the car depreciates at a rate of 11% per year. what is the equation to this scenario.

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tynollette tynollette

24-11-2017

depreciating at a rate is a decay exponential equation
y=25,000(1-0.11)^t, y is the value of the car in t years

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