1. A certain car depreciates 15% each year.
A) Write a function that models the depreciation of a car valued at $20,000.
B) Suppose that the car was worth $20,000. How much would it be worth in 2024?
2. The value of a $3,000 computer decreases about 30% each year.
A) Write a function for the computer's value. Does the function represent growth or decay?
B) Use the function to predict the value of the computer in 4 years.
3. About 84 million homes used the internet in 2000. The usage grew by about 34% each year until 2005. Write a function to model internet usage in the United States. Use your model to predict the number of homes that used internet in 2005.