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157409Lv1
30 Mar 2023
The value of a brand new car is $10,000 and the value depreciates 18% every year. Write a function to represent the value of the car after t years, where the quarterly rate of change can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage rate of change per quarter, to the nearest hundredth of a percent.
Please write the answer in equation form.
The value of a brand new car is $10,000 and the value depreciates 18% every year. Write a function to represent the value of the car after t years, where the quarterly rate of change can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage rate of change per quarter, to the nearest hundredth of a percent.
Please write the answer in equation form.
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