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Yuki888 [10]
2 years ago
11

The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreci

ation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which equation can be used to determine the approximate current value of the car?
Mathematics
1 answer:
Lesechka [4]2 years ago
4 0

Answer:

y=25,000(0.89)^6

Step-by-step explanation:

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Step-by-step explanation:

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