Please answer quickly I already put 1 aner not sure if it's correct or not let me know if I need to add more or remove it and ad
d something else??!
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ANSWER
After 7 years the car will worth, 7,759.5
EXPLANATION
The initial value of the car is 37000.
The rate of depreciation is 20%
In 7 years time, we can calculate the value of the car using the formula,
We substitute the values into the formula to obtain,
to the nearest tenth
After 7 years the car will worth, 7,759.5
EXPLANATION
The initial value of the car is 37000.
The rate of depreciation is 20%
In 7 years time, we can calculate the value of the car using the formula,
We substitute the values into the formula to obtain,