whitegirlkodakk2867 whitegirlkodakk2867
  • 04-02-2022
  • Mathematics
contestada

A vehicle purchased for $
27500
depreciates at a constant rate of
6
%.

Determine the approximate value of the vehicle
15
years after purchase.

Respuesta :

clarch19
clarch19 clarch19
  • 04-02-2022

Answer:

$10,870

Step-by-step explanation:

we can multiply the initial value (27500) by (1-.06), or 0.94, raised to the 15th power

27500(.94)^15 = 10,870.52

Answer Link

Otras preguntas

Given A = {a, e, i, o, u} and B = {a, l, g, e, b, r}, find A ∪ B.
define variable in your own words
which best explains the difference between an explanation and an argument
which is the direct object in the sentence a loud noise frightened the children
The Earliest Civilization Known To Exist In The Andes Region Was The :
What happens at a subduction zone?
what are some properties of smalley's fullerenes
what is the meaning of life?
why is marbury v madison considered a landmark supreme court case? a)the court’s ruling established the concept of judicial review. b)it named james madison, “f
Which of the following is denied to both the national and state governments? A. provide for and supervise schools B. grant titles of nobility C. establish