3 years ago

In the formula, v=L(1-

1 answer:

3 0

The value of the the car is given by:
V=L(1-d.n)
thus, the value of v when L=$21000 and d.n=0.7 will be:
V=21000(1-0.7)
V=21000×0.3
V=$6300

Answer: Present value of the car is $6300

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