The exponential function that gives the car's value, in dollars, as a function of time d, in decades, since purchase is given as follows:
[tex]V(d) = 40000(0.6)^d[/tex]
A decaying exponential function is modeled by:
[tex]A(t) = A(0)(1 - r)^t[/tex]
In which:
In this problem:
Hence, the exponential function is given by:
[tex]V(d) = 40000(0.6)^d[/tex]
More can be learned about exponential functions at https://brainly.com/question/25537936
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