juancarlosfranco157 juancarlosfranco157
  • 02-03-2021
  • Mathematics
contestada

A car purchased for $20,000 depreciates annually at a rate of 8%. What will be the approximate value of the car in the 10th year?

Respuesta :

jacksonhaskew jacksonhaskew
  • 02-03-2021

Answer:

$4000

Step-by-step explanation:

20000x0.08=1600

1600x10=16000

20000-16000=4000

Answer Link
s944706
s944706 s944706
  • 02-03-2021

Answer:

$8687.76

Step-by-step explanation:

100-8=92

20,000*0.92=18400 (This is after one year)

20,000*0.92^10= 8687.7690 (After 10 years)

Answer Link

Otras preguntas

What is the formula for the volume of a cuboid?
What long-term effect do you think EU membership will have on nationalism in Europe? Explain.
Factor completely, the expression: 2x^3-2x^2-12x
which of the following suffered most from DDT poisoning in the great lakes region
what are the landforms of vermont
How long did mummification go for poor Egyptians?
Yolanda owns 4 rabbits. She expects the number of rabbits to double every year.a) after how many years will she have 64 rabbits?b) write and equation to model t
When was the battle of Hastings?
what is the sum of 6 7/8 + 4 5/8
Determine the half-life of potassium if in 3460 years a 200 g sample decayed into 25 g