A new car is purchased for $19,000 and over time its value depreciates by one half every 5.5 years. Write a function showing the value of the car after tt years, where the annual decay rate can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage rate of decay per year, to the nearest hundredth of a percent. Include the growth and increase per year

A new car is purchased for $19,000 and over time its value depreciates by one half every 5.5 years. Write a function showing the value of the car after tt years, where the annual decay rate can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage rate of decay per year, to the nearest hundredth of a percent. Include the growth and increase per year