HLP As soon as a new car that costs $25,000 is driven off the lot, it begins to depreciate at a rate of 24.9% annually. About how much money is the car worth after the second year?

The value of the car after two years is $14,100.025

Step-by-step explanation:

Here, we want to calculate the value of a car after its second year, given the depreciation percentage.

To get the value of the car year after year at the fixed percentage level, what we do is to set up an exponential equation;

V = I(1-r)^t

where V is the present value

I is the initial value = $25,000

r is the rate = 24.9% = 24.9/100 = 0.249

t is the number of years = 2 in this case

So we substitute these values in the depreciation case and have;

V = 25000(1-0.249)^2

V = 25000(0.751)^2

V = $14,100.025

you forgot the options, but i found them anyways, the correct answer is "john wilson believes that words and actions based on the intellect are superior to those based on emotions".

john wilson is depicted as an extremely intelligent man. the point of the excerpt is to make a sort of distinction between emotional and rational intelligence. he happens to have both attributes, but he clearly favors his intellectual gifts. at the same time, because of his religious background, he's a little bit conflicted with this and it makes him ashamed.

hope this !

the 8 in 8,420 is in the thousands place so it's value is 8 thousand.

the 8 in 6,870 is in the hundreds place so it's value is 8 hundred.

divide 8000 by 800 to find the answer:

8000 / 800 = 10

the 8 in 8,420 is 10 times greater than the 8 in 6,870