document.write( "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.
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\n" ); document.write( "\n" ); document.write( "Estimate the value of the car after 4 years. Round the answer to the nearest dollar
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Algebra.Com's Answer #775398 by josgarithmetic(39617)\"\" \"About 
You can put this solution on YOUR website!
Points (x,y) are (0,24000) and (1,20400).\r
\n" ); document.write( "\n" ); document.write( "\"y=24000%2Ab%5Ex\"\r
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\n" ); document.write( "\n" ); document.write( "The one-year point
\n" ); document.write( "\"20400=24000b%5E1\"\r
\n" ); document.write( "\n" ); document.write( "\"b=20400%2F24000\"\r
\n" ); document.write( "\n" ); document.write( "\"b=0.85\"\r
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\n" ); document.write( "\n" ); document.write( "MODEL: \"highlight%28y=24000%2A%280.85%29%5Ex%29\"
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