1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
velikii [3]
3 years ago
14

One model for car depreciation is as follows, where Cis the original cost, Vis the value of the car after tyears, and ris the ra

te
of depreciation
V= (1-1)
If the original cost of the car was $21,000 and the rate of depreciation is 15%, what will be the value of the car after 5 years?
[Round to the nearest dollar.]
A. $17,850
B. $3,150
C. $9,318
D. $19,472​
Mathematics
1 answer:
poizon [28]3 years ago
4 0

Given:

Original cost of car = $21000

Rate of depreciation = 15% = 0.15

Time = 5 years

To find:

The value of car after 5 years.

Solution:

Consider the model for car depreciation is

V=C(1-r)^t

where,  C is the original cost, V is the value of the car after t years, and r is the rate  of depreciation.

Substitute C=21000, r=0.15 and t=5 in the above model.

V=21000(1-0.15)^5

V=21000(0.85)^5

V=21000(0.4437)

V=9317.7

V\approx 9318

The value of car after 5 years is $9318. Therefore, the correct option is C.

You might be interested in
Help pleaseeeeee nowwwwww
Snezhnost [94]

Step-by-step explanation:

If you have any questions about the way I solved it, don't hesitate to ask me in the comments below :)

5 0
3 years ago
Determine whether the graph table or equation represents a linear or nonlinear function explain
Anna [14]
<h3>Answer: Linear</h3>

Each time x goes up by 3, y goes up by 2. The rate of change is constant.

slope = (change in y)/(change in x) = 2/3

y intercept = 6 since this is where x = 0

The equation of this line is y = (2/3)x+6

5 0
3 years ago
I need help with all of them
lara [203]
Click on the picture! This is the explanation in accident I deleted it hope it helps!

6 0
3 years ago
What is the answer for #37
denis-greek [22]
They want to make a total of $1200.
55*10=550
55*8=440
440-550=990
1200-990=210
210/35=6
So they should sell the other plants for $6 each.

3 0
3 years ago
Read 2 more answers
What angle is supplementary to AGF?
goblinko [34]

Answer: B. Angle FGD.

6 0
3 years ago
Other questions:
  • A population of bacteria doubles every 15 hours. Initially, the population of bacteria is 40.
    15·1 answer
  • find sin(alpha-beta) if sin alpha =-5/13 with alpha between pi and 3pi/2; cos beta=2/5 with beta between 3pi/2 and 2pi
    7·1 answer
  • HELP HELP !! 5(-3x - 2) - (x - 3) = -4(4x + 5) + 13
    6·1 answer
  • The area of a rectangle was 15 cm. Every dimension was multiplied by a scale factor and the new area was 3.75 cm. What was the s
    12·1 answer
  • 2/3 converted to a decimal then to percent
    13·2 answers
  • C = {x | x is<br> an<br> integer that's greater than 3 and less than or equal to 7}.
    14·1 answer
  • Answer these three questions:
    15·1 answer
  • Tyra has 1223 cups of sugar. If r is the amount of sugar called for in one batch of cookies,
    5·1 answer
  • I have 8 boxes of chocolate i eat 3 chocolates from each box i now have 72 chocolates in total
    13·2 answers
  • Pls help me im almost finished The area of a parallelogram can be found by the equation area = (b)(h)
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!