contestada

Brainly.com

helpplease123456789

128 pts


High School Mathematics 5+3 pts


The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which equation can be used to determine the approximate current value of the car?

a. 25,000(0.89)^6 b.(25,000 x 0.11)^6 "Answers should look something like this."

CORRECT CHOICE IS A

Respuesta :

McChuck
To me B is the correct one.
y=A(1-r)^t
Current value: y=?
Original cost: A=$25,000
Annual Rate of depreciation: r=11%=11/100→r=0.11
Time: t=6 years

y=25,000(1-0.11)^6
y=25,000(0.89)^6

Answer: Option a. 25,000(0.89)^6 

Otras preguntas