1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Volgvan
3 years ago
13

The value of a car after t years can be found using the formula V = C(1 - r)t, where V is the current value of the car, C is the

original price of the car, and r is the rate of depreciation. Solve the formula for r . Raj bought a car 4.5 years ago for $25,000, and the current value of the car is $12,000. At what percentage rate has the car depreciated? Round your answer to the nearest whole number.
Mathematics
1 answer:
Stells [14]3 years ago
8 0
The given formula is
V = C(1-r)^{t}

Therefore
(1-r)^{t} =  \frac{V}{C} \\\\ 1-r = ( \frac{V}{C} )^{1/t} \\\\ r = 1 - ( \frac{V}{C} )^{1/t}

Given:
C = $25,000
V = $12,000
t = 4.5 years

C/V = 0.48
1/t = 0.2222
Therefore
r = 1 - 0.48^{0.2222} = 0.1505 = 15.05\%

Answer: 15% (nearest integer)

You might be interested in
The word "OF" also helps us to identify what in a percent equation
Stells [14]

Answer

Of is Multiplication I believe

Step-by-step explanation:

Of is multiplication

3 0
2 years ago
PLEASE HELP NOW ASAP!!!
IceJOKER [234]

She used the associative property which should only be used with positive numbers (sorry if it isn't the answer you're looking for)

3 0
2 years ago
Read 2 more answers
Find the distance between the two points rounding to the nearest tenth (if necessary),
Korolek [52]

Approximately 3.6.

Hope this helps

6 0
2 years ago
Find the missing side. Round<br> to the nearest tenth.<br> Х<br> y<br> 390<br> 57<br> X=[?]
sweet [91]

Answer:It's 46.2

Step-by-step explanation:

6 0
2 years ago
Ameee worked 3 times as many hours as Simi each week during the summer. If Simi worked 10 hours each week, how many hours did Am
defon

Answer:

3 ×10=30

Step-by-step explanation:

multiply 3 times 10

4 0
3 years ago
Other questions:
  • The sum of two numbers is 25 and their differences is 7
    15·1 answer
  • Factor the expression completely over the complex numbers.<br><br> x4−625
    7·1 answer
  • Which equation has the least steep graph?
    10·2 answers
  • Which value of a would make the following statement true -4(2x - a) = -8x + 16?
    7·1 answer
  • N.) Evaluate the expression (xy)? + 8, when x = 2 and y = 4.
    8·2 answers
  • Find the area of the squared shaped traffic sign below that is requrieed to make this square-shaped traffic sign
    9·1 answer
  • Multiply fractions is really hard for me because I hate fractions
    10·1 answer
  • During a sale, 20-cent candy bars were sold at 3 for 50 cents. How much is saved on 9 bars?
    12·1 answer
  • Find the area. Simplify your answer.<br>​
    8·1 answer
  • (BRAINLIEST TO THE PERSON WHO HELPS ME WITH THESE THREE QUESTIONS)
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!