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Mathematics, 18.03.2020 21:59 zoeyandblaze

You buy a new stereo for $1300 and are able to sell it 4 years later for $275. Assume that the resale value of the stereo decays exponentially with time. Write an equation giving the resale value $V$ (in dollars) of the stereo as a function of the time $t$ (in years) since your bought it. Round all decimals to four decimal places.

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