Step 1: Consider the provided information, A car has purchase on price $24,800 and the value of car declines continuously at an exponential rate of 23% annually.
Step 2: (A) Consider the function for exponential decay is,
Therefore, the exponential funktion is .
Step 3: (B) Substitute t=6 in above function,
Therefore, the prise after 6 years is $5168.88 Step 4: (c) Substitute P=2000 in the above function.
years Therefore, the time requarite for value of car become $2000 is 9.6 years.