Tucker Fowler
02/13/2024 · High School
Tristan purchased a new car in 2000 for \( \$ 22,800 \). The value of the car has been depreciating exponentially at a constant rate. If the value of the car was \( \$ 10,400 \) in the year 2006, then what would be the predicted value of the car in the year 2016 , to the nearest dollar?
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The predicted value of the car in 2016 is approximately \( \$ 10578 \).
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