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Sagot :
Answer:
[tex]15000 \times {0.92}^{x} = y[/tex]
x is the number of years and y is the value at x years
The exponential decay model to represent the real-life problem should be considered as the [tex]15000 \times 0.92^{x} = y[/tex].
Calculation of the exponential decay model:
Since the purchase value of the truck is $15,000
The depreciation rate is 8%
So here exponential decay model should be like
[tex]15000 \times 0.92^{x} = y[/tex]
Hence, The exponential decay model to represent the real-life problem should be considered as the [tex]15000 \times 0.92^{x} = y[/tex].
Learn more about model here: https://brainly.com/question/24280482
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