occidecameron occidecameron

21-03-2018
Mathematics

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what is the value,7years,of a 2014 ford mustang that originally costs 25000.00 if it depreciates at the rate of 8% per year? round your answer to the nearest dollar

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sqdancefan sqdancefan

21-03-2018

The depreciated value is given by
.. v(t) = $25,000*0.92^t . . . . . t in years
Then
.. v(7) = $25,000*0.92^7 ≈ $13,946

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daphnemia22 daphnemia22

22-05-2020

Answer: the estimated answer to the equation would be 14000

Step-by-step explanation:

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