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natima [27]
3 years ago
15

The value of a car decreased 4,822in 5 years. What was the average change in the value of the car each year?

Mathematics
1 answer:
Paladinen [302]3 years ago
4 0
The average change in the value of the car each year:

4822 ÷ 5 = $964.40
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Answer: Pn= 10500(1+ 0.07(11-n))

Step-by-step explanation:

From the question it is given that

Pn= 10500 + 7% of Dn eqn 1

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And Dn is outstanding debt at year n

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Dn=105000-10500(n-1) eqn2

Therefore, substituting eqn2 into eqn1

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