The value of a new car is $30,000. The car will lose 12% of its value each year. Write an exponential function that models the value of the car after five years.
f(x) = 30,000(0.88)^x
where x = 5
impatient much?
Once is enough, thank you.
Repeated postings will not get faster or better responses.
one is for five years and the other is for one
okay -- sorry
But the first answer showed you how to do the second.