Assuming a new car is purchased for 15500 dollars. The value of the car after 6 years is $9709. 17.
<h3>Future value</h3>
Using this formula
Future value=Principal (1-Interest rate)^Number of years
Where:
Principal=15500
Interest rate=7.5%
Number of years=6 years
Let plug in the formula
Future value=$15,500 ×( 1 - 0.075 )^6
Future value=$9.709.169
Future value = $9709. 17(Approximately)
Inconclusion the value of the car after 6 years is $9709. 17.
Learn more about future value here:brainly.com/question/24703884
The answer to your question is eligibility for the national merit scholarship program
Answer:
The second picture is i think your overall popularity, Brainiest, and total thanks
I don't know about the first picture
Explanation:
Answer:
ok
Explanation:
i understand ypu, may you be so kind as to give me the"brainliest" kind stranger?
Answer:
last time I checked there has to be a few options for a question like this one, so please type it correctly next time.