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Exponential Functions Question 18 Please answer a-b a) A vehicle purchased for $27,500 depreciates at a...

Exponential Functions Question 18 Please answer a-b

a) A vehicle purchased for $27,500 depreciates at a constant rate of 6%. Determine the approximate value of the vehicle 1414 years after purchase. Round to the nearest whole dollar.

$___________________________?

b)You deposit $5000 in an account earning 5% interest compounded continuously. How much will you have in the account in 15 years?

$____________________________?

c)You deposit $2000 in an account earning 6% interest compounded monthly. How much will you have in the account in 15 years?

$_____________________________?

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