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kondor19780726 [428]
3 years ago
13

The value of a company van is $15,000 and decreases at a rate of 4% each year. Approximate how much the van will be worth in 7 y

ears.
Mathematics
1 answer:
Helen [10]3 years ago
8 0
So judging by the question at hand I generated the equation, 15000(0.96)^x. 
So by pluggin in 7 years for x you should get the answer = $11271.71 at the van value after 7 years. 
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