Register
A vehicle purchased for $20,700 depreciates at a constant rate of 7%. Determine the approximate value of the vehicle 15 years after purchase. Round to the nearest whole dollar.
229k views
2 votes
A vehicle purchased for $20,700 depreciates at a constant rate of 7%. Determine the approximate value of the vehicle

15
years after purchase. Round to the nearest whole dollar.

User Jonasz
by
4.4k points

1 Answer

3 votes

Answer: 20700(.93)^15

Explanation:

User Steve Hawkins
by
4.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.8m answers

Other Questions

Before beginning voice lessons, Aubrey already knew how to sing 357 pieces, and she expects to learn 2 new pieces during each week of lessons. After 78 weeks of voice lessons, how many pieces will Aubrey
A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
Please answer asap.......... ...
Can someone help me plz I have to Turn 27/9 in simplest
What value of x makes the following true? 2(x + 10) = 4( 2x - 1)
Link Copied!