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Erode 12 am

Please help Me need help Erode 12 am-example-1

2 Answers

4 votes

answer is 42000(1-.08)^6

User Will Eddins
by
4.9k points
7 votes

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

User Alexandre Pepin
by
5.7k points