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3 years ago

5

Pls help me!!!! I'm stuck on how to solve this!!??

1 answer:

lisabon 2012 [21]3 years ago

4 0

Let A represent the value of the car after each year.
A= initial value (P)×(1+percent increase(r)) ^time
A=P×(1+r)^t
A=18710×(1+(-12%))^8
A=18710×(1-12%)^8
A=18710×(1-0.12)^8
A=18710×(0.88)^8
A= 6728.7619591115
The best approximation is 6729
Therefore the value of the car will be about $6729 after 8 years
Your answer is B.

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<h3>Answer:</h3><h3 /><h3>Amount = Rs 13891.50</h3><h3>Compound interest = Rs 1891.50</h3>

Step-by-step explanation:

C = Amount (A) - Principal (P)

Where

C is the compound interest

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mrs_skeptik [129]

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