Mathematics, 26.09.2021 06:50 23kaevans

A new car is purchased for $14,000 and over time its value depreciates by one half every 3.5 years . Write a function showing the value of the car after t 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.

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A new car is purchased for $14,000 and over time its value depreciates by one half every 3.5 years ....

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