A trucks value y sek is assumed to be function of cars age

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A truck's value, y SEK, is assumed to be a function of the car's age, x years, according to y=750000 · 0, 80exponentX ( IT MEANS 0,80X)

a) How much did the truck cost as new?

b) Justify your answer in a).

c) Describe how the truck's value changes with its age.

Reference no: EM13471148

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