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Autumn is thinking about buying a car for $38,000. The table below shows the projected value of two different cars for three years.
Autumn is thinking about buying a car for $38,000. The table below shows the projected value of two different cars for three years.
Number of years123Car 1 (value in dollars)32,00026,00020,000Car 2 (value in dollars)32,30027,45523,336.75
Part A: What type of function, linear or exponential, can be used to describe the value of each of the cars after a fixed number of years? Explain your answer. (2 points)