The worth of the car after it is paid off 5 years later given the rate of exponential depreciation is $32,842.34.
<h3>What is the worth of the car?</h3>
When the car declines in value, it means that the car is depreciating. The formula that can be used to determine the value of the car with the depreciationn rate is:
FV = P (1 - r)^n
- FV = Future value
- P = Present value
- R = rate of decline
- N = number of years
$42,000 x (1 - 0.048)^5 = $32,842.34
To learn more about future value, please check: brainly.com/question/18760477
Answer: 7.8
Step-by-step explanation:
you would multiply 3 x 2.6 and that would give you the answer
Answer:
In a triangle, sides opposite of congruent angles are congruent.
Answer:
48
Step-by-step explanation:
To get the area of anything you multiply the width by the length.
6×8=48
Answer:1/2
Step-by-step explanation:
