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.

You might be interested in

Find the Slope and Y intercept 18x+4y=112

Alla [95]

Using the formula y=mx+b, you can simplify the equation to y=-4.5x+28 which means that the slope (m) equals -4.5 and the y-intercept (b) equals 28.

6 0

3 years ago

My question is 4% of what is 56?

Scrat [10]

4% is the same as 0.04 

so 0.04 x n = 56 where "n" is some number 

0.04n = 56 Divide both sides by 0.04 

n = 1400

4 0

3 years ago

Loretta’s income last year was $81,300. She made $56,800 at her salaried job and had additional passive income. If Loretta earne