Students will brainstorm and formulate specific, research-driven questions about the factors influencing depreciation rates for their selected electric vehicle, truck, and luxury vehicle, setting the stage for targeted investigation throughout the project.

Students will collaboratively design a research plan, identifying reliable online databases and resources to collect data on vehicle depreciation rates and outline step-by-step strategies for calculating and modeling exponential decay functions for their selected vehicles.

Students will use online databases and resources to systematically collect data on the depreciation rates of a selected electric vehicle, truck, and luxury vehicle, ensuring the data covers key factors impacting their value over time.

Students will analyze the collected data on vehicle depreciation rates to identify patterns, confirm their exponential decay function models, and prepare to present their findings through graphical representations and written analysis.

Students will synthesize their findings into written reports and presentations, engage in a class discussion to share insights, compare observations, and explore how different factors influenced their depreciation calculations, as well as reflect on the broader economic implications and the limitations of their methods.