Mario's car cost $15,999. Each year the car's value decreases by $1,550. This relationship is described by the equation V = 15,9 99 − 1,550t, when V is the value of the car and t is the age of the car in years. What is the value of his car after 5 years?
1 answer:
The value of Mario's car after 5 years is $8,249.
<h3>What is the value of the car after 5 years?</h3>
Deprecation is when the value of an asset declines with the passage of time as a result of wear and tear.
V = 15,999 − 1,550t
V = 15,999 − 1,550(5)
V = 15,999 - 7,750
V =$8,249
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