I’m pretty sure the correct answer is B
<span>(3/4)*x-6 = 15 // - 15
(3/4)*x-15-6 = 0
3/4*x-21 = 0 // + 21
3/4*x = 21 // : 3/4
x = 21/3/4
x = 28</span>
Answer:
<u>Equation: V = C * (1 - r)^t</u>
<u>Answer: $ 8,066.37</u>
Step-by-step explanation:
Let's recall that depreciation on a car can be determined by the formula:
V = C * (1 - r)^t , where:
V is the value of the car after t years,
C is the original cost
r is the rate of depreciation
t is the number of years of utilization of the car
Therefore, we have:
V = C * (1-r)^t
V = 15,500 * (1 - 0.07)⁹
V = 8,066.37 (rounding to the next cent)