Answer:
<em>The car is worth 360 after two years</em>
Step-by-step explanation:
<u>Model For Depretiation</u>
Assume the situation of something that has an initial value Vo and loses its value by a x% every year. The first year it will lose
and it will have a new value of
Next year it will have a value of
Since x=40%, we can deduct the general formula
For n=2
Answer:
Step-by-step explanation: If interest is compounded yearly, then n = 1; if semi-annually, then n = 2; quarterly, then n = 4; monthly, then n = 12; weekly, then n = 52; daily, then n = 365; and so forth, regardless of the number of years involved. Also, "t" must be expressed in years, because interest rates are expressed that way.
Euclid wrote 1 books related to math & logic.
He compiles all his studies in one treatise called ELEMENTS
