Mathematics, 13.06.2020 21:57 RoyALP

Suppose a new car is worth $20000. You can use the function y = 20000(0.85)^x to estimate the cars value after x years. What is the decay factor? What dose it mean?

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Suppose a new car is worth $20000. You can use the function y = 20000(0.85)^x to estimate the cars v...

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