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Evaluating exponential functions

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Two years ago, Marc bought a new cell phone. His purchase price was $750. The value of the phone for the next 2 years was
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If f, of, xf(x) is an exponential function where f, of, 1, point, 5, equals, 7f(1.5)=7 and f, of, 8, point, 5, equals,
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E(m) = 12(0.75)^mWHAT DOES E (m) 20 MEAN INTHE CONTEXT OF THIS PROBLEM? WHAT DOES E (45) MEAN IN THE PROBLEM? DOES FINDING E
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