volleybella11 volleybella11
  • 13-04-2020
  • Mathematics
contestada

You buy a new car for $25,000 and it depreciates at a rate of 6.5% per year. How much would it be
worth in 5 years? Round to the nearest cent.

Respuesta :

maps2 maps2
  • 13-04-2020

Answer:

$17864.80

Step-by-step explanation:

25000*(1-0.065)^5

25000*0.935^5

25000*0.71459184283

17864.79607

Answer Link

Otras preguntas

if $3 000 000 is invested at 6 interest compounded continuously, how much will the investment be worth in 35 years? A. $24, 498, 509.74 B. $23, 370, 654.48 C. $
Find the value of c.
Suppose a bag contains 7 blue chips and 3 gold chips. What is the probability of randomly choosing a blue Chip, not replacing it, and then randomly choosing a g
what are the unique features of nepal mention
A group of workers can plant 5/8 acres in 4/5 days. What is the unit rate in acres per day? Write your answer in simplest form.
A lawn service charges 17 dollars per lawn. If the lawn service earns 187 dollars in a day, write an equation to represent the number of lawns the company servi
What is the answer please
The table below shows the heights of students in a group. students = st | hight = h st h A 54 B 48 C 52 D 56 E 55
Simplify 32 + 6 x 5 -7+12 ÷ 4
with an explanation please