Mathematics, 04.03.2021 01:50, EthanIsHyper
The second you drive a new car off the lot, it begins to depreciate (lose value) at a rate of 16%. Assuming you bought a brand new car valued at $58,000...
a. ... if you went to trade the car in after 5 years (with no damage other than age), what is the value of the car if the depreciation was compounded annually?
b. ... if you went to trade the car in after 5 years (with no damage other than age), what is the value of the car if the depreciation was compounded continuously?
c. After how many years--correct to the nearest hundredth of a year--is the car's value $10,000 if the depreciation occurs annually?
d. After how many years--correct to the nearest hundredth of a year--is the car's value $10,000 if the depreciation occurs continuously?
Answers: 2
Mathematics, 21.06.2019 18:10, lalaokawami0912
Find the smallest number by which the given number should be divided to make a perfect cube(with steps or the answer will get reported) a.108 b.2187
Answers: 1
Mathematics, 21.06.2019 20:30, raquelqueengucci25
Evaluate 8j -k+148jāk+14 when j=0.25j=0.25 and k=1k=1.
Answers: 1
The second you drive a new car off the lot, it begins to depreciate (lose value) at a rate of 16%. A...
Mathematics, 22.06.2019 00:00
Advanced Placement (AP), 22.06.2019 00:00