Question

A compact car that costs $6000 new is known to depreciate at the rate of 15% per year.

a. Write an equation for the value v after x years.
Find the value of the car when it is 6 years old.

Answer 1

first of all 5=74-43=2-3=2=1093276x—x8x6–628%+35455+7662772-6567=4552433w7=27272728=2892—x+665165=75. So X=75