The value of a car decreases exponentially by $$\(10 \%\)$$ each year. The value now is $$\(\$ 6269.40\)$$. Calculate the value of the car 3 years ago. $$\(\$\)$$ ............................................
Exam No：0580_w21_qp_43 Year：2021 Question No：5(b)
Answer:
8600
Knowledge points:
E1.17 Use exponential growth and decay in relation to population and finance. (e.g. depreciation, growth of bacteria.)
Solution:
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