3 years ago

Please help, giving brainliest too whoever answers first

Mathematics

1 answer:

ValentinkaMS [17]3 years ago

6 0

Answer:

Step-by-step explanation:

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Kwame bought a car for $25,000. The value of the car is decreasing at a rate of 6.5% each year. Write a function that represents

sweet-ann [11.9K]

<h3>The function that represents the price P of the car after x years is:</h3>

$P = 25000(0.935)^x$

Solution:

The decreasing function is given as:

$y = a(1 - r)^t$

Where,

y is future value

a is initial value

r is decreasing rate in decimal

t is time period

From given,

a = 25000

$r = 6.5 \% = \frac{6.5}{100} = 0.065$

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future value = P

Therefore,

$P = 25000(1 - 0.065)^x\\\\P = 25000(0.935)^x$

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