Jerome purchased a car for $25,000. If the car's value depreciates at a rate of 14% per year, which is the equation for the valu

Question

aleksklad [387]

2 years ago

13

Jerome purchased a car for $25,000. If the car's value depreciates at a rate of 14% per year, which is the equation for the valu

e of
the car after t years?

Mathematics

1 answer:

olchik [2.2K] · Answer 1 · 2022-10-13T15:05:17+03:00

olchik [2.2K]2 years ago

7 0

Answer:

25000(1-.14)^t

Step-by-step explanation:

it's just a simple decreasing equation it's your start number 1 minus your percentage because we're decreasing and to the power of t which equals time