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

The quotient of 2 and the sum of a number and 1.
Which line segment is drawn in the figure?
Lily is researching the light-sensing rod cells of the eye. She decides to use stem cells to produce new rod cells. Which statement best explains why Lily is us
which type of microscopic organisms thrives in deep water brine pools in the gulf of mexico
which people formed part of the adoption of capitalism ​
What is most likely the purpose of the counsellor’s metaphor in the following passage (paragraph 5, The Ecclesiastical History of the English People)? Another o
A(n) _blank_ expresses a complete thought and can stand alone as a sentence
What did the Olive Branch Petition state?
This nervous system is part of the PNS that handles voluntary control of body movements.
PLEASR HELP AND EXPLAIN