document.write( "Question 1175532: Bryan bought a brand new car worth 1.2 million pesos. Every year the value of
\n" ); document.write( "the car depreciates 15% of its previous value. (Use the Exponential Decay
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\n" ); document.write( "a. Model the depreciation value of the car as a function of time.
\n" ); document.write( "b. How much will the car be worth after five years? \n" ); document.write( "

Algebra.Com's Answer #801165 by ewatrrr(24785) $\"\"$ $\"About$

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document.write( "Hi\r\n" );
document.write( "Every year the value of the car depreciates 15% of its previous value.\r\n" );
document.write( "0r is worth 85% of its previous value.\r\n" );
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document.write( "Depreciated Value = 1.2M(.85)^n\r\n" );
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document.write( "After five years: \r\n" );
document.write( " Depreciated Value = 1.2M(.85)^5 = .532446M Or 532,446 pesos\r\n" );
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document.write( "Wish You the Best in your Studies.\r\n" );
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