These are the possible solutions
X = (1, 2, 3, 4, 5)
If 1/3 is converted to a decimal it would be called a repeating decimal. Which means that the decimal will never end so the answer would be written as
0.33...
hope this answers your question
Answer:
$90
Step-by-step explanation:
Given data
Price= $900
Rate= 25%
Time= 8 years
Let us apply the compounding formula
A= P(1-r)^t >>>>note that the negative sign is because of the depreciation
substitute
A= 900(1-0.25)^8
A= 900(0.75)^8
A= 900*0.100
A= $90
Hence the value of the car after 8 years will be $90