2.) Ms. Fox bought a car for $8000 that depreciates at a rate of 11% a year. Write an equation to model the car’s worth and use it to determine how much the car is worth after 5 years. (Round to the nearest cent)

How much is in the account after 3 years? It mea year a) Exponential growth or decay: ... b) Identify the initial amount: 4500 ... d) Write an exponential function to model the situation: ... You buy a car for $8000 that depreciates at a rate of 11% a year. ... worth after 5 years? yab. 3. decay be Y= 8000(1-0.11) imo->0.11 a=8000.

Step-by-step explanation:

relating to or denoting a system of numbers and arithmetic based on the number ten, tenth parts, and powers of ten.

step-by-step explanation: