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Hailey purchased a VW Beetle after she got her first job. It cost her $22,000. Unfortunately, it depreciated in value at a rate of 15% per year.
A.Write a model for the value of the Beetle. (2 pts)
B.How much will the Beetle be worth in 3 years? (2 pt) (round to the nearest hundredth.)
C. Approximately how many years it will take before the Beetle is worth $4,000? (2 pts) (round to the nearest tenth.)
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