Anew car purchased for $27,000 loses 15% of its value each year.
what is the multiplier?
write a function of the form f(t) = abt that represents the situation.
at the current rate, what will be the value of the car in five years?

A new car loses 15% of its value each year, then only 85% of the car price remained. As a decimal 85% is 0.85 (if 100% is the whole 1).

Let t be the number of years when car is losing value. Then you have a regularity:

Therefore, the function that represents the situation is

When t=5, you can count that

coefficient - 0.85; function - value of car in five years - $11,980.04

step-by-step explanation:

well if you round, things become much more simple. round 5.95 to 6, 4.25 to 4, and 1.05 to 1. now, add 6+4+1 and that would equal 11. so the items together would equal to about $11.