Answer:
yes
Step-by-step explanation:
Answer: $13,846.02
Step-by-step explanation:
The car cost $29,750 when it was first bought.
It will then depreciate at a rate of 12% per year. This means that the value of the car reduces by 12% per year.
To find the value of the car in the 6th year, you can use the compound interest formula:
= Value of car * ( 1 - rate) ^ no. of years
= 29,750 * ( 1 - 12%)⁶
= 13,816.021581824
= $13,846.02
Answer:
$542
Step-by-step explanation:
we know that
The equation of a exponential decay function is given by
where
y is the value of the lawnmower
x is the time in years
a is the initial value
r is the rate of change
we have
substitute
For x=5 years
Answer:
Step-by-step explanation:
-3 or 0
Answer:
Correlation
Step-by-step explanation:
