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bearhunter [10]
3 years ago
13

You purchased a vehicle for 32,000. It's value will depreciate at a rate of 18.62%. What will it's value be in 5 years, when you

finally have it paid off
Mathematics
2 answers:
Len [333]3 years ago
8 0

Answer:

F = $11,421.90

Final value after 5 years F = $11,421.90

Complete question;

You purchased a vehicle for $32,000. It's value will depreciate at a rate of 18.62%. What will it's value be in 5 years, when you finally have it paid off

Step-by-step explanation:

Given;

Initial value P = $32,000

Depreciation rate r = 18.62% = 0.1862

Time t = 5

Final value = F

Using the compound depreciation formula;

F = P(1 - r)^t

Substituting the values;

F = $32,000(1 - 0.1862)^5

F = $11,421.90

Final value F = $11,421.90

Svetach [21]3 years ago
5 0

Answer:

$11421.90

Step-by-step explanation:

For a property worth Principal, P which depreciates at a rate of r% for a period of n years, the value is given by the formula:

Value=P(1-r)ⁿ

For the Car,

Purchase Price, P=$32000

Depreciation Rate=18.62%=0.1862

Time, n=5 years

Therefore the worth of the car after 5 years =32000(1-0.1862)⁵

=32000(0.8138)⁵

=$11421.90

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Answer:

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Step-by-step explanation:

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A man walked 6 km per hour how far does he work between 9:30 a.m. and 12 p.m.​
kolbaska11 [484]

Answer:

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8 0
3 years ago
Read 2 more answers
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bagirrra123 [75]

To solve this first find the area of each of the white shapes inside the rectangle

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A = πr²

In this case we know that the radius is 2

Plug what you know into the area of a circle formula:

A = π2²

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A = 4π

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In this case we know that both length and height are 3

Plug what you know into the formula for area of a square:

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alex41 [277]

Answer:

4.8 megabytes / minute.

Step-by-step explanation:

At the beginning of recording the download you have 24 megabytes.

15 minutes later, you have 96 megabytes.

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3 years ago
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