Ask Question
18 October, 22:44

Kelly bought a new car for $20,000. The car depreciates at a rate of 10% per year. Write an equation to model the car's value. Use your equation to determine the value of the car six years after Kelly purchased it

+4
Answers (1)
  1. 19 October, 00:56
    0
    P=P' (1-R/100) ^T

    Where P = Final price

    P'=Initial price

    T=Time

    R=Rate of Depreciation.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Kelly bought a new car for $20,000. The car depreciates at a rate of 10% per year. Write an equation to model the car's value. Use your ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers