Answer:11000
Step-by-step explanation:8*25000/100 =2000 so 2000 is the 8 percent depreciation. then multiply by 7 which is 14000 then just subtract from 25,000.00 and the answer is 11000
Answer:
For this case we have an exponential function of the form:
Where,
A: original cost
b: rate of change
x: number of years
Therefore, replacing values we have:
the value, after 7 years, of a 2014 Ford Mustang is:
y=13946
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