Three years ago Laura bought a new car for $27,400. When she traded the car in to a dealer last week it was worth $15,618. Find
the percent decrease in the car's value over the three year period. Round your answer to the nearest hundredth, if necessary.
1 answer:
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Hello!
The equation to find the volume of a cylinder is
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r is radius
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The equation to find the volume of a cylinder is
V is volume
r is radius
h is height
Put in the values you know
Square the number
Multiply
The answer is
Hope this helps!
Answer: 79.02
Step-by-step explanation:
set present value to 0
set future value to 300000
set number of time periods to 35 * 12 = 420
set interest rate percent per time period to 10/12 = 0.833333.
Equation:
See attachment
