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OpenStudy (anonymous):
You buy a new car for $24,000. The value y of the car decreases by %16 each year. Step 1: Write a function to model the value of the car. Use the model to estimate the value after 2 years.
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OpenStudy (anonymous):
24,000 x .16 = 3840 so 24000 - 3840 = 20160 then 20160 x .16 = 3225.6 so 20160 - 3225.6 = 16934.4 does that help after two years it would be worth 16934$
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