A study of fish is being conducted in a pond. They marked 30 fish and released them. The next day, they counted 75 fish, 25 of t
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ANSWER
After 7 years the car will worth, 7,759.5
EXPLANATION
The initial value of the car is 37000.
The rate of depreciation is 20%
In 7 years time, we can calculate the value of the car using the formula,
We substitute the values into the formula to obtain,
to the nearest tenth
After 7 years the car will worth, 7,759.5
EXPLANATION
The initial value of the car is 37000.
The rate of depreciation is 20%
In 7 years time, we can calculate the value of the car using the formula,
We substitute the values into the formula to obtain,
