contestada

What is the value, after 7 years, of a 2014 Ford Mustang that originally costs $25,000.00 if it depreciates at a rate of 8% per year? Rounded your answer to the nearest dollar.

Respuesta :

Hello!

The depreciated value is given by
.. v(t) = $25,000*0.92^t . . . . . t in years
Then
.. v(7) = $25,000*0.92^7 ≈ $13,946

Let me know if you have any other questions. Have a bless day!

-Rose
daphnemia22

Answer:

The answer rounded is 14000

Step-by-step

Otras preguntas