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Please help due soon

Please help due soon-example-1
User Khamidulla
by
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1 Answer

6 votes

Answer:

$4742.10

Explanation:

Exponential depreciation formula :-

, where y is the value of good after t years , r is rate of depreciation and A is the initial value.

Given : A= $20800 ; r=10.75%=0.1075

The equation models this situation:

Then, the value of car after t=13 years :-

Hence, the value of car after 13 years = $4742.10

User PiTheNumber
by
8.0k points

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