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QUESTION
A car with an initial value of $30,000 depreciates exponentially. The value of the car after 4 years is estimated to be $18,000.
A car with an initial value of $30,000 depreciates exponentially. The value of the car after 4 years is estimated to be $18,000. What is the exponential function to model the value of the car after t years? What does the model predict the value of the car to be after 10 years?
