suppose you buy a car with a value of 9250 each year the value of your car will depricate by 5.1 percent how much will your car be worth in 8 years

asked Mar 17, 2024 31.7k views

3 votes

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3 votes

Answer: $6085.15

Explanation:

Substituting into the exponential decay formula yields
$9250(1-0.051)^8 \approx \$6085.15$ .

Rubel Hasan answered Mar 23, 2024

7.9k points

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