The value of a car, purchased on January 1, 2010 is declini…
The value of a car, purchased on January 1, 2010 is declining each year based on the following model where is the value of the car at the time , in years since January 1, 2010. a. What is the decay rate for this model? [DecRateAsPercent] (Write your answer as a percent.) b. What is the value of the car on January 1, 2013? [ValueOfCar] (Round to nearest hundredth, if necessary.)
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