tvan6441oyamgy tvan6441oyamgy
  • 12-04-2021
  • Mathematics
contestada

A new car sells for $18,000 but it will depreciate over time. After just one year,
the car is valued at $13,500. What's the rate of decay?

Respuesta :

chrissgen2005
chrissgen2005 chrissgen2005
  • 12-04-2021

Answer:

a.) 18000 x (0.88)^x

x=number of years

b.) value after 10 yrs is represented by

18000 x (0.88)^10 = about $5013

Step-by-step explanation:

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