The accompanying table shows the value of a car over time that was purchased for 14000 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 hundredth. Using this equation, determine the value of the car, to the nearest
cent, after 12 years.
Years (x) Value in Dollars (y)
0
14000
1
11639
2.
9535
3
8289
4
7106
5
6578
6
5495