This is a means of reducing the cost of a goods or an asset over time. The value of the car after 9 years is approximately $888
<h3>Depreciation</h3>
This is a means of reducing the cost of a goods or an asset over time.
Mathematically, the cost of goods after a particular year is expressed as:
P(t) = P0e^-rt
Given
- P0 = $41000
- rate r = 17% = 0.17
- time t = 9 years
Substitute
P(17) = 41000r^0.17(9)
P(17) = 4100(0.21653)
P(17) = 887.79
Hence the value of the car after 9 years is approximately $888
Learn more on depreciation here: brainly.com/question/1287985
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Answer:
-1
Step-by-step explanation:
it goes over -6 and up 6. so as a fraction it would be -6/6. but thats also equal to -1, so that is what you would put as your answer
Answer:
1 1/2 miles equal 7920 feet
Step-by-step explanation:
N/A
