This purchased a car for $22900.00. The car depreciated at an annual rate of 16%. Which of the following equations model the value of thi's car after 5 years?

A=22900 (1.16) ^5

A=22900 (0.16) ^5

A=16 (22900) ^5

A=22900 (0.84) ^5

Question

Mike Morrow

13 September, 22:24

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Ariel Hendricks · Answer 1

Ariel Hendricks 14 September, 02:16

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The answer is A=22900 (1.16) ^5

This purchased a car for $22900.00. The car depreciated at an annual rate of 16%. Which of the following equations model the value of thi's car after 5 years?A=22900 (1.16) ^5A=22900 (0.16) ^5A=16 (22900) ^5A=22900 (0.84) ^5