3 years ago

Have 50000 and a increase of 4% each year for 15 years

Mathematics

1 answer:

madam [21]3 years ago

4 0

50,000×1.04^(15)
=90,047.18

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emmainna [20.7K]

The predicted value of the car in the year 2006 to the nearest dollar would be $651.

<h3>What is the predicted value of the car?</h3>

The first step is to determine the rate of depreciation

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Now determine the value of the car in 2006

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To learn more about depreciation, please check: brainly.com/question/25552427

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