Table 3 gives the market value of a midsize sedan (in dollars) x years after its purchase. Find an exponential regression model of the form y = ab^x for this data set. Estimate the purchase price of the sedan. Estimate the value of the sedan 10 years after its purchase. Round answers to the nearest dollar.

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Table 3 x 1 2 3 4 5 6 Value ($) 23,125 19,050 15,625 11,875 9,450 7,125