karyssaserafin72 karyssaserafin72

19-03-2020
Mathematics

contestada

find the value of a 10 year old car if the purchase price was 25000 and it depreciates at a rate of 15% per year

Respuesta :

surjithayer10 surjithayer10

19-03-2020

Answer:

Step-by-step explanation:

value of car=25,000(1-0.15)^{10}

=25,000(0.85)^{10}

≈ 4921.86 $

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