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helpplease123456789

128 pts


High School Mathematics 5+3 pts


The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which equation can be used to determine the approximate current value of the car?

a. 25,000(0.89)^6 b.(25,000 x 0.11)^6 "Answers should look something like this."

CORRECT CHOICE IS A