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Vlad [161]
2 years ago
13

One survey estimates that, on average, the retail value of a mid-sized car decreases by 8% annually. If the retail value of a ca

r is V dollars today, which expression represents the car’s value 1 year later?
A. 0.08V
B. 0.92V
C. 1.08V
D. V-0.08
Mathematics
2 answers:
nexus9112 [7]2 years ago
8 0
\bf \qquad \textit{Amount for Exponential Decay}\\\\
A=I(1 - r)^t\qquad 
\begin{cases}
A=\textit{accumulated amount}\\
I=\textit{initial amount}\to &V\\
r=rate\to 8\%\to \frac{8}{100}\to &0.08\\
t=\textit{elapsed time}\to &1\\
\end{cases}
\\\\\\
A=V(1-0.08)^1\implies A=V(0.92)\implies A=0.92V
AURORKA [14]2 years ago
5 0

Answer:

sorry i just need points and this was 3 1.5 years ago....

Step-by-step explanation:

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Step-by-step explanation:

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