menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Register
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses 20% of its value each year. Find the value of this car when it is 6 years old, if it cost $23,999
asked
Dec 13, 2022
163k
views
1
vote
An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile
loses 20% of its value each year. Find the value of this car when it is 6 years old, if it cost $23,999
when it was new.
Mathematics
high-school
Khrisna Gunanasurya
asked
by
Khrisna Gunanasurya
8.3k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
4
votes
First we need to find what is 20% off $23,999
1) = 20/100 x 23,999= $4,799
To find the decrease over 6 years :
2)= $4,799 x 6 = $28,798.8
Finally
= 28,798.8-23,999= $4,799.8
$4,799.8 is the final value.
Simon Moshenko
answered
Dec 18, 2022
by
Simon Moshenko
7.5k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
8.8m
questions
11.4m
answers
Other Questions
What is .725 as a fraction
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
Write words to match the expression. 24- ( 6+3)
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.
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org