/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Q. 15 A new car sold for $31,000. If t... [FREE SOLUTION] | 91影视

91影视

Log out

Learning Materials

Features

Discover

Chapter 12: Q. 15 (page 840)

A new car sold for $31,000. If the vehicle loses 15% of its value each year, how much will it be worth after 10 years?

Short Answer

Expert verified

The value of the car after 10 years is $6,103.10

Step by step solution

01

Step 1. Given Information

HereP=$31,000r=15%=0.15n=10years

02

Step 2. Finding price

A=310001-0.1510A=310000.19A=6103.10

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with 91影视!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

Find x so that x, x + 2, and x + 3 are consecutive terms of a geometric sequence.

In Problems 61鈥�70, express each sum using summation notation.

a+a+d+a+2d+........+a+nd

In Problems 61鈥�70, express each sum using summation notation.

12+23+34+.....+1313+1

In Problems 29鈥�36, the given pattern continues. Write down the nth term of a sequence ansuggested by the pattern.

role="math" localid="1646738671855" 11路2,12路3,13路4,14路5,...

In Problems 51鈥�66, determine whether each infinite geometric series converges or diverges. If it converges, find its sum.

6+2+23+.....
See all solutions

Recommended explanations on Math Textbooks

Statistics

Read Explanation

Geometry

Read Explanation

Discrete Mathematics

Read Explanation

Applied Mathematics

Read Explanation

Decision Maths

Read Explanation

Mechanics Maths

Read Explanation
View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.