PLEASE HELP ITS A TEST! Samantha bought a 2021 Lamborghini Huracan for $200,000. She was told that it is projected to depreciate at a rate of 16% per year. Make
sure to show your work for each question.
a.) Does this situation represent growth or decay? (1 pt.)
b.) Write an explicit function that models the situation. (2pts.)
c.) Use your model and logarithms to calculate the number of years it will take to reach a value of $100,000. Round to the nearest tenths
place if necessary. (2 pts.)