Mathematics, 12.11.2020 21:50 JOEREACH

You bought a new car for $22,000. The value of the car decreases by 12.5% per year. a. Write an exponential decay equation.
b. Use your equation and logarithms to estimate when the car will have a value of $8,000. Round the number of years to the nearest tenth.

You bought a new car for $22,000. The value of the car decreases by 12.5% per year.

a. Write an e

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You bought a new car for $22,000. The value of the car decreases by 12.5% per year. a. Write an exponential decay equation. b. Use your equation and logarithms to estimate when the car will have a value of $8,000. Round the number of years to the nearest tenth.

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You bought a new car for $22,000. The value of the car decreases by 12.5% per year. a. Write an exponential decay equation.
b. Use your equation and logarithms to estimate when the car will have a value of $8,000. Round the number of years to the nearest tenth.