A used car has a value of $15,250 when it is purchased in 2012. The value of the car decreases at a rate of 7.5% per year.

1 answer:

3 0

The given P=15250
r=7.5/100=0.075 
t=x 
y = 15250*(1 - 0.075)^x 
after 8 years we would have 
x = 8 
y = 15250*(1 - 0.075)^8 
y = $8,173.42 
after 8 years the value of the car would be $8,173.42

You might be interested in

What is the definition of csc θ ?

Greeley [361]

Csc is the inverse of sin. This means the formula in regards to a triangle for csc is h/o, unlike o/h for sin. csc can also be knows as 1/sin.

3 0

3 years ago

What is f(3) if f(x) = 4x + 1?

lana [24]

Answer:

What is the inverse of the function f(x) = 1/4x - 12? h(x) = 4x + 48. Which statement is true regarding the functions on the graph? f(3) = g(3)

Step-by-step explanation:

4 0

2 years ago

Write an equation to find the amount of interest $450,000 earns in 1 year at a simple interest rate of 3.5%.

EleoNora [17]

Answer:

450000x.035

$15,750

..........

4 0

2 years ago

How many teaspoons are in 1/4 cups

mojhsa [17]

Answer:

12 U.S teaspoons are in 1/4 cups.

The Formula is to multiply the volume value by 48.

So Since a 1/4 us cup=0.25 we can multiply this by 48.

0.25*48=12

So our awnser is 12 teaspoons

5 0

3 years ago

Ryan is 14. Her brothers age is three more than half her age. How old is your brother?

yan [13]

Answer: 10

Step-by-step explanation:

8 0

3 years ago