Question

Acar bought for $13000 depreciates at 129% annually. What is its value after 2

years? Do not include the dollar sign in your anSwer. Round your answer to the
nearest cent.​

Answer 1

9,103.69

Explanation:

y = A(d)^x

y = 12000(1-0.129)^2

Decay y = 12000(0.871)^2

solve for y = $ 9,103.69