2 Answers

Alexandre Pepin · Answer 1 · 2020-01-26T23:05:22+0000

Answer:

5)
y=42000(1-0.08)^6

6) 25467

Explanation:

5) Use the formula;

$y=y_0(1-r\%)^t$

where
y_0=42000 dollars is the initial value of the car.

$r\%=0.08$

and

t=6 years.

We plug in these values to obtain;

y=42000(1-0.08)^6

Third choice is correct

6) The expected value of the car after 6 years is

y=254666.910

We round to the nearest tenth to obtain;$ 25467

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