ashesandtears
ashesandtears ashesandtears
  • 03-04-2018
  • Mathematics
contestada

Please help: What is the value, after 7 years, of a 2014 Ford Mustang that originally costs $25,000.00 if it depreciates at a rate of 8% per year? Round your answer to the nearest thousand dollars.

Respuesta :

rakell21 rakell21
  • 03-04-2018
25000(.92)^7= $13,946
Answer Link
Gemster2017 Gemster2017
  • 03-04-2018
Use the equation y=a(1-r)^t
In this case y=25,000(1-0.08)^7
Giving you...




$13,946.17

(Round as needed)
Answer Link

Otras preguntas

Which equations will 2 를 make true? Select all the correct choices. О А 7 20 + 11 19 20 B. 3 10 3 15 ОС. C. 1 - 2 = D. 1 10 D. E 9 20 20
what event is generally considered the mark of the end of the cold war?
why was it difficult for congress to fulfill its duties
how do you find the vertex of a quadratic equation in standard form?
help pls describe the average life expectancy indicated by the shape of the population pyramid shown
2540mm converted into cm
the sum of 4x² + x - 8 and x² + 9 can be expressed as​
In the United States, who is entitled to emergency medical care? A. only patients with private health insurance B. only patients with government health insuranc
In what year did the largest number of people work in agricultural jobs? *
Rewrite the fraction 14 as a division expression with the same numbers.