davep0208 davep0208
  • 03-01-2020
  • Mathematics
contestada

a new car is purchased for 207000 dollars. the value of the car depreciates at 11% per year. what will the value of the car be, to the nearest cent, after 11 years?

Respuesta :

salatulmaghrib
salatulmaghrib salatulmaghrib
  • 03-01-2020
Depreciation of 11% per year means that the price is multiplied by 89% (0.89) every year. Do this 11 times or use exponents

Final price:
207000*(0.89^11) = 57446.083
Answer Link

Otras preguntas

I need help plz!!!!!! (40 points) ___ earth's closest to the sun when it is in the summer in the 1, Southern Hemisphere 2. Northern Hemisphere 3. Western Hemisp
In a floating exchange rate system, the capital account balance equals the negative of the current account balance. True False
What are the four planets farthest away from the Sun categorized as? A terrestrial planets B water planets C rocky planets D Jovian planets
Why is actual yield less than theoretical.
Can someone plz help me? :)
Please answer!! No links Picture is included
What are the worst fashion trends ?
Como se llama la isla donde se encuentra la República Dominicana
hellllllllllllllllllllpppppppppppppppppppppppppppppppppp
Solve the inequality and the graph -6k ≤ - 72 ⮜|-------|--------|➤