Terrence buys a new car for $20,000. The value of the car depreciates by 15% each year. If f(x) represents the value of the car

Question

makkiz [27]

3 years ago

15

Terrence buys a new car for $20,000. The value of the car depreciates by 15% each year. If f(x) represents the value of the car

after x years, which function represents the car’s value? (HINT: Problem about annual depreciation)

Business

2 answers:

Katen [24] · Answer 1 · 2022-05-24T11:14:29+03:00

Katen [24]3 years ago

6 0

F(x)=20,000+.15x and plug years for x

Lana71 [14] · Answer 2 · 2022-05-24T10:08:10+03:00

Lana71 [14]3 years ago

5 0

<span>Hi there,

100% - 15% = 85%
85% = 85/100 = 0.85

This is your factor of depreciation
The power it is raised to equals the years
20,000 x 0.85^3
= <span>12282.5
</span>
I hope my answer has come to your help. Thank you for posting your question here in Brainly.

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