15) A new BMW decreases in value exponentially after it is purchased. If a new BMW is valued at $55,000 and depreciate at a rate of 22% a year, what is the value after 4 years? After 8 years)

The values of BMW after 2, 4 and 8 years  according to the EXPONENTIAL FUNCTION are $33,462, $20,358.28 and $7,535.63 respectively.

Using the parameters given, we define an decreasing exponential function :

Where,

= initial amount ; r = Rate ; t = time ; A = final amount

Value after 2 years :

t = 2

A = 55000(1 - 0.22)²

A = 55000(0.78)²

A = $33,462

Value after 4 years :

t = 4

A = 55000(1 - 0.22)^4

A = 55000(0.78)^4

A = $20,358.28

Value after 8 years :

t = 4

A = 55000(1 - 0.22)^8

A = 55000(0.78)^8

A = $7,535.63

Therefore, the value of BMW after 2, 4 and 8 years are $33,462, $20,358.28 and $7,535.63 respectively.

Learn more about Exponential functions :

for b its (t) and c its (d)

step-by-step explanation:

15%

step-by-step explanation:

use the table and count the number of guesses that has two correct answers.

the following are two correct answers

10010, 01100, 11000

a total of 3 numbers having 2 correct guesses out of 20 questions.

probability of getting 2 correct guesses = the number of questions getting 2 correct answers / total number of questions.

= 3/20

to convert it into percent multiply by 100, we get

= 3/20 * 100

= 15%

the answer is 15%

you.