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

Given the equation 1/4(2)^x find the average rate of change between f(2) and f(5)
Is my answer correct? Even if it is tell me so. If it is not, explain the correct answer to me..
where is grey goose vodka made
advantages and disadvantages of coal
A recipe calls for 2 tsp of butter. Melinda wants to make 40% more servings than the recipe makes. Which expression represents how many teaspoons of butter Meli
which answer correctly identifies a cell-cycle checkpoint with a criterion for passing it?
difference between calzone and stromboli
f(x)=0 if f(x)=-8x^2+6x+5
What do the following lines illustrate about the memento mori theme of the play Everyman? What role do beauty, friends, and family play in a person's salvation?
three branches of government