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OpenStudy (anonymous):
Am I right? Take quick look.... You graduated from college and decided to buy a brand new car. The car you purchased is $25,000. Unfortunately, the car depreciates in value 14% per year you own it. What the exponential model for the value of the car. A=25000(.86)^t Use the model to find the value of the car after 4 years A= $13675.204 How long will it take until the value of the car to depreciate to $8000? T= 7.555 years
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OpenStudy (lyrae):
Yeah, you got em' all right!
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