Solution:
Given:

The value of a car after t - years will depreciate.
Hence, the equation given represents the value after depreciation over t-years.
To get the rate, we compare the equation with the depreciation formula.

Hence,

Therefore, the value of this car is decreasing at a rate of 6%. The purchase price of the car was $16,300.
Answer:
2.04
Step-by-step explanation:
Equation: 6.05n=12.4=
Take 2.7 million<span> divided </span>by<span> the number of </span>minutes<span> in a </span>year<span>. 1 hour= 60 </span>minutes<span> 1 day= 24 hours So you take 24 hours × 60 minutes =1440 </span>minutes<span> 1 </span>year<span>= 365 per minute.</span>
Answer:
Step-by-step explanation:
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