Question: Hello I need help with this question. 2. Iphones lose an average of 14.8% of their value each year. ( a) If an iphone 13

Hello I need help with this question.

Hello I need help with this question. 2. Iphones
2. Iphones lose an average of 14.8% of their value each year. ( a) If an iphone 13 sells for $699 in 2023, use a recursive model to predict the resale value of the iphone 13 in 2024. ( 6) Now write an explicit model for the resale value of the iphone 13 in the future. (c) How many years should it take for an iphone 13 to have a resale value of just $200? [You may use logarithms or a calculator. Either show or explain your work for full credit.]

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