SOLUTION: A car is sold for $24,000. After one year, the value of the car is $20,400. Write an exponential function y to determine the value of the car after x years if the rate of decrease

Question 1153208: A car is sold for $24,000. After one year, the value of the car is $20,400. Write an exponential function y to determine the value of the car after x years if the rate of decrease is the same each year.

Estimate the value of the car after 4 years. Round the answer to the nearest dollar

Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
Points (x,y) are (0,24000) and (1,20400).

The one-year point

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