Algebra II
posted by Anon .
I first want to make it clear that I have only taken Geometry, Algebra I, and preAlgebra. That seemed to clear things up last time.
Question:
Matt bought a car at the cost of 25,000 dollars. This car's value goes down 15% every year.
1. What is the decay factor?
2. Write the equation to model the decay factor.
3. What will the car be worth in 5 years?
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