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

which greek god was the god of beauty
The U.S. government supported the automobile by subsidizing (A) gasoline prices (B) car purchases (C) Highway 66 construction (D) plant improvements
How do the Robinsons get the animals off the ship? A. They tie empty barrels to the animals so they can float to shore. B. They carry each animal, one by one, t
how does a writer create unease with negative diction
What are causes of neurosis?
What is the perimeter of a basement floor that is 40 feet long and 24 feet wide
what two factors do u need to know to calculate how much work was done in any situation
how does a writer create unease with negative diction
A scale on a map shows that 2 inches = 25 miles. Part A How many inches on the map represents 60 miles? Part B How many miles is represented by 1/4 inch on
What is a reflected Ray?