The accompanying table shows the value of a car over time that was purchased for
17200 dollars, where x is years and y is the value of the car in dollars. Write an
exponential regression equation for this set of data, rounding all coefficients to the
nearest thousandth. Using this equation, determine the value of the car, to the
nearest cent, after 8 years.
Years (x) Value in Dollars (y)
0
17200
14285
12857
11851
9924
8596
1
2
3
4
5