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n 2007 , a car was purchased for $23,500 . Each year since, the resale value has decreased by 21% . Let t be the number

Posted: Sat Feb 19, 2022 3:36 pm
by answerhappygod
n
2007
, a car was purchased for
$23,500
. Each year since, the resale value has decreased
by
21%
.
Let
t
be the number of years since
2007
. Let
y
be the value of the car, in dollars.
Write an exponential function showing the relationship
between
y
and
t
.