Answer:
<u>Equation: V = C * (1 - r)^t</u>
<u>Answer: $ 8,066.37</u>
Step-by-step explanation:
Let's recall that depreciation on a car can be determined by the formula:
V = C * (1 - r)^t , where:
V is the value of the car after t years,
C is the original cost
r is the rate of depreciation
t is the number of years of utilization of the car
Therefore, we have:
V = C * (1-r)^t
V = 15,500 * (1 - 0.07)⁹
V = 8,066.37 (rounding to the next cent)
You can't really determine the amount of computers from this question, they're obviously not going to have one computer for everyone so half third, or even a fourth of the school population
Answer:
Car leasing
Step-by-step explanation:
Im not exactly sure but this may be helpful
Car ownership is literally being the owner of the car and paying it full. Car financing is the one ive not heard of before. Car maintenance is literally caring and looking after the car. I know leasing is like giving out so im hoping its like that
