Answer:
Step-by-step explanation:
<u>Given:</u>
- Initial value a = $18000
- Rate of depreciation 6% or b = 1 - 0.06 = 0.94
- Time x = 7 years
<u>Find the value of the car in 7 years:</u>
- y = abˣ
- y = 18000*0.94⁷ = 11672.60
The answer to the question is 4 1/2
Answer:
37.5%
Step-by-step explanation:
Answer:28%
Step-by-step explanation: