Posted by **Benjamin** on Saturday, April 30, 2011 at 11:24pm.

The value of a new car purchased for $28,000 decreases 8% per year. Write an exponential decay model for the value of the car. Use the model to estimate the value after 5 years.

## Answer This Question

## Related Questions

- math - The value of a new car decreases exponentially.Suppose your mother buys a...
- Functions - You purchased a new car for $22,000. The value of the car decreases ...
- math - Sam bought a new car for $26,500. The car depreciates approximately 13% ...
- Calculus - After t years, the value of a car that originally cost $16,000 ...
- Advanced Functions - he value of a new car depreciates at a rate of 12% per year...
- math - Sam bought a new car for $26,500. The car depreciates approximately 13% ...
- math - a car depreciates in by avalue of $1000 per year. The original value of ...
- math - The value of a car decreases at a constant rate. After 1 year the value ...
- algebra - The table below gives the value of a car over two years. Using an ...
- Math 12 - A car is purchased for $30,000. It depreciates at a rate of 18% per ...

More Related Questions