Description
The table below gives the value of a car over two years. Using an exponential best-fit model, after how many years is the car valued at 25% of the original value?
Year | 0 | 0.5 | 1.0 | 1.5 | 2.0 |
Value ($) | 15,500.00 | 14,560.00 | 13,911.20 | 12,969.66 | 12,204.09 |
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Explanation & Answer
ANswer : 22.40 years
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Discussion: The Importance of Relationships
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