The accompanying table shows the value of a car over time that was purchased for
13800 dollars, where x is years and y is the value of the car in dollars. Write an
exponential regression equation for this set of data, rounding all coefficients to the
nearest thousandth. Using this equation, determine the value of the car, to the
nearest cent, after 10 years.
Years (x) Value in Dollars (y)
X
0
1
2
3
4
5
6
Y
13800
12026
10562
8063
6926
6112
4783