QuestionIn 2010, a laptop computer was purchased for $\$ 2050$ . Each year since, the resale value has decreased by $24 \%$ . Let $t$ be the number of years since 2010. Let $y$ be the value of the laptop computer, in dollars. Write an exponential function showing the relationship between $y$ and $t$ . $\square$ O 2024 McGraw Hill LLC. All Rights Rese (1) 397 Sunny Search

Studdy Solution
Substitute the initial value $a = 2050$ and the decay factor $0.76$ into the general exponential decay formula:
$y = 2050 \cdot (0.76)^t$
This is the exponential function that models the relationship between $y$ and $t$ .
The exponential function is:
$y = 2050 \cdot (0.76)^t$

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