Question: A car has been decreasing exponentially in value since 2005.Today, the car is worth $15,000.At what annual rate would the car have to be decreasing

A car has been decreasing exponentially in value since 2005.Today, the car is worth $15,000.At what annual rate would the car have to be decreasing in value in order for the value to be reduced to 35% of its value in 9 years?

ANS:%

Round yourfinal answerto TWO decimal places.

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