3 years ago

Mark buys a used car for $12,000. The value of the car depreciates 10% per year from the time he bought the car.

1 answer:

4 0

Answer:

option D

Step-by-step explanation:

r = 10% = 0.10

$v(t) = P (1 - r)^t\\\\V(t) = 12000(1 - 0.10)^t\\\\V(t) = 12000\times (0.9)^t$

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