Register
The value of a treadmill bought new for $1000 decreases 5% each year. Use a graph to predict the value of the treadmill in 5 years. A) ≈ $773.78 B) ≈ $857.38 C) ≈ $902.50 D) ≈ $814.50
84.5k views
4 votes
The value of a treadmill bought new for $1000 decreases 5% each year. Use a graph to predict the value of the treadmill in 5 years.

A) ≈ $773.78
B) ≈ $857.38
C) ≈ $902.50
D) ≈ $814.50

User Lonnie
by
8.8k points

1 Answer

7 votes
The formula is
V (t)=V0 (1-r)^t
V (t)?
V0 1000
R 0.05
T 5 years

V (5)=1,000×(1−0.05)^(5)=773.78
User Grigori Jlavyan
by
8.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!