Mathematics, 16.04.2020 03:04, MathChic68

The general equation for depreciation is given by y = A(1-1)", where y = current value, A = original cost, r = rate of depreciation,
and i = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which equation can be
used to determine the approximate current value of the car?

Answers: 3

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The general equation for depreciation is given by y = A(1-1)", where y = current value, A = original...