Use the table to answer the question. 

  x      f(x)
f
(
x
)
  
0 32,000
1 29,440
2 27,048.80
3 ?
Sydney bought a new car for $32,000. If the car depreciates in value by 8% each year, the situation can be modeled by the equation  f(x)=32000(0.92)2
f
(
x
)
=
32000
(
0.92
)
2
. Complete the table to find the value of the car to the nearest cent after three years

 

(1 point)
The value of the car after three years is $

21,950.57