stormiebell00 stormiebell00
  • 01-03-2018
  • Mathematics
contestada

A new car depreciates at a rate of 15% per year. What is the expected value of a $25,000 car after 5 years (rounded to nearest whole dollar)?

Respuesta :

badddiee
badddiee badddiee
  • 01-03-2018
V(t) = 25000*0.85^t
----
V(5) = 25000*0.85^5 = $11092.63
   =$11093
Answer Link

Otras preguntas

Explain what is the same about two fractions that are like fractions
Explain what is the same about two fractions that are like fractions
what is the sum of 7/10 and 6/100
Explain what is the same about two fractions that are like fractions
what is the sum of 7/10 and 6/100
what is the sum of 7/10 and 6/100
Explain what is the same about two fractions that are like fractions
which trinomial is equivalent to (3x-1)(x+4)
having troubles with inequalities.. 3.8x + 14.5 < 32
Explain what is the same about two fractions that are like fractions