aniyalovett1234 aniyalovett1234
  • 06-05-2017
  • Mathematics
contestada

A $30,000 car depreciates in value 12% a year. How much will the car be worth in 5 years?

Respuesta :

Аноним Аноним
  • 06-05-2017
It will be worth $15,832
Answer Link
irspow
irspow irspow
  • 06-05-2017
f=ir^t, f=final value, i=initial value, r=rate, t=time, in this case:

f=30000((100-12)/100)^t

f=30000(0.88)^t so

f(5)=30000(0.88)^5

f(5)=$15831.96  to nearest cent
Answer Link

Otras preguntas

Charles Darwin did poorly in school as a young boy. How did his poor performance belie his genius?
Is .31 greater than .41
a tree 40 feet high casts a shadow 58 feet long. find the measure of the angle of elevation pf the sun.
Two numbers are in the ratio 3:2. If the smaller number is 24, find the larger number
How do you convert a negative fraction into a decimal
how do you put 3 90/100 in decimal form
Charles Darwin did poorly in school as a young boy. How did his poor performance belie his genius?
what is:  x + 3 -    2x -1  = 4                 5            3
What causes the difference between quiet and explosive eruptions?Explain.
how do you put 3 90/100 in decimal form