3 years ago

The value of a car is $18,000 and is depreciating 6% each year. What will the value of the car be in 7 years?

Mathematics

1 answer:

Fudgin [204]3 years ago

4 0

Answer:

$11672.60

Step-by-step explanation:

<u>Given:</u>

Initial value a = $18000
Rate of depreciation 6% or b = 1 - 0.06 = 0.94
Time x = 7 years

<u>Find the value of the car in 7 years:</u>

y = abˣ
y = 18000*0.94⁷ = 11672.60

You might be interested in

Lindsay got her haircut the cost of a haircut for $16 if she wants to tip for hairstylist 20% how much does she leave for the ti

gtnhenbr [62]

Answer:

$3.20

Step-by-step explanation:

I hope this helps.

Sorry if I'm wrong.

5 0

3 years ago

Rewrite the function f of x equals 6 times one fourth to the 2 times x power using properties of exponents. PLEASE I NEED HELP

In-s [12.5K]

Answer:

the third one

Step-by-step explanation:

........

3 0

3 years ago

Helppp please i need this asap

Solnce55 [7]

I believe it’s 5,832,000

5^3 (5 times 5= 25 times 5= 125)^6(750 times 6= 4,500 etc)

4 0

4 years ago

For this graph, mark the statements that are true.

Goshia [24]

Answer:

Step-by-step explanation:

Just answer it

BBSJSSJJSNSNNSOAOOALAKA

4 0

3 years ago

Arnold puts $580 in a savings the account pays 3% simple interest. how much interest will he earn in 5 years

Mkey [24]

Answer:Arnold earns $87 of interest in 5 years.

Step-by-step explanation:

7 0

4 years ago