Terrence buys a new car for $20,000. The value of the car depreciates by 15% each year. If f(x) represents the value of the car after x years, which function represents the car’s value?
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Answer:
f(x) = 20,000 * (0.85)^x
Step-by-step explanation:
100% - 15% = 85% = 0.85
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