You have just purchased a new car. The table below shows the value of the car after n years. n V 0 1 2 Assume that the depreciation is exponential. Write the equation of the exponential model for this situation. Round any decimals to two places. Use the indicated variables and proper function notation. V 20000 16000 12800 = You finance the car for 60 months (5 years). What will the value of the car be when the loan is paid off? In 60 months, the car will be worth $ Round your answer to the nearest dollar.

Q: Suppose you invest $5500 in a bank account that earns a compounded annual interest rate of 4%.…

A: P=$5500r=4%=0.04  Compounded annual Therefore, n=1

Q: You purchase a new car valued at $10,500. The value of the car decreases at rate of 25% per year.…

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A:

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A:

Q: The other day, you won $250 on a scratch ticket . You plan to deposit the money into your savings…

A: Given query is to find the amount after 5 years.

Q: 1A. Write an equation to model this situation. You are investing $3000 that will eam 2.0% interest…

A: Solve

Q: K A restaurant purchased a 72-in. range with six burners for $7378. The value of the range each year…

A: Step 1:Given that, The range of dollars  with 't' years is given as, V(t) = (7378)(0.69)t Step 2:…

Q: A bank features a savings account that has an annual percentage rate of r = 3.3% with interest…

A: Michael deposits $3000  at an interest rate of r=3.3% compounded daily St=P1+rnnt

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Q: Graph the following exponential function. Make a table of values and label the equation on the…

A: y=2·3x                           at x=0,     y=2·30 = 2at x=1,…

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Q: Determine the exponential function given the graph. ... B = (-1,4) A A= (1,0.25)

A: