Question

Type the equation used and answer for credit:

1) You bought a car that was $25500 and the value depreciates by 4.5% each year.
The general Population equation is modeled by: V(x) =
***
a. How much would the car be worth after 5 years?
the Evaluated equation I used to get the following answer is
and
the answer after 5 years the car is worth
dollars.
b. How much would the car be worth after 8 years?
the Evaluated equation I used to get the following answer is
and
After eight years the car is worth
dollars.

Answer 1

Answer: According to such dissemination, the commission of the vehicle by the fifth (i) and eighth (ii) year are identified as i. $19,762.50 and ii. $16,320.00.

Explanation:
The depreciate standard deviation is invariant as it does not vary, albeit, given the configurations of the interrogate, fabricating the product of the depreciate and the annuals elapsed is necessary to evaluate for the estimated cost of the vehicle within subsequent years.

5th Year:
4.5(5) = 22.5%
25,500 - 22.5% = $19,762.50 USD.

8th year:
4.5(8) = 36%
25,500 - 36% = $16,320.00 USD.

Thus far, such proposed retorts are in the accordance of the depreciate and the commission per vehicle.

*I hope this helps.