Transcribed Image Text: The value of a car when new is R224 000,00. It is estimated that the value of the car will decrease at the rate of 11% per year

Answer the following questions:

a. Determine the exponential function that describes the value of the

car y years after it was bought.

b. Determine the value of the car six years after it was bought

The correct answers are

A.

V(y) = 224 000,00(1 -0,11)

a.

b.

R126 082,03

B.

V() = 224 000,00 x 0,89″

a.

RI11 323,81

C.

V() = (224 000,00 x 0,80)”

a.

b.

RO0 078,10

a.

V()- 24 000,00(1,11

b.

R1 323,81

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