The value of a new car is expected to decrease by 17% each year. use the exponential decay model to determine the equivalent quarterly rate. enter the rate, to the nearest tenth of a percent, in the box.

Desmond wants to sell his car that he paid $8,000 for 2 years ago. the car depreciated, or decreased in value, at a constant rate each month over a 2-year period. if x represents the monthly depreciation amount, which expression shows how much desmond can sell his car for today? 8,000 + 24x 8,000 - 24x 8,000 + 2x 8,000 - 2xdesmond wants to sell his car that he paid $8,000 for 2 years ago. the car depreciated, or decreased in value, at a constant rate each month over a 2-year period. if x represents the monthly depreciation amount, which expression shows how much desmond can sell his car for today? 8,000 + 24x 8,000 - 24x 8,000 + 2x 8,000 - 2x