Question

Got the equation just don’t have a calculator to do the rest

Answer 1

Explanation:

`y=21000(1-0.0858)^(100)/(12)`

`y=21000(0.9142)^(100)/(12)`

`y= 9944.037`

So, after a 100 months, the car's worth would be $9,944.04

Answer 2

$159.985 that is the answer i got by using this equation
`21\left(1-0.0858\right)(100)/(12)`

$159985 using this equation
`21000\left(1-0.0858\right)(100)/(12)`

$9944.03786 using this equation
`21000\left(1-0.0858\right)^{(100)/(12)}`

$9.94403 using this equation
`21\left(1-0.0858\right)^{(100)/(12)}`

Explanation:

I couldnt quite understand the equation, so i done it multiple ways. Hope this helps