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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