5. Landon bought a new car for $16,000 and it depreciates 4.5% every year. Write a function that describes

the value, C(t), of the car after 5 years.

Step-by-step explanation:

Given that Landon bought a new car for $16,000 and it depreciates 4.5% every year.

Initial value

Depreciation rate is  

Period ,  t=5 years

Substitute the values we get

∴

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