Mathematics
09.08.2022 14:34
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Devon purchased a new car valued at $16,000 that depreciated continuously at a rate
Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. it's current value is $2,000. the equation 2,000=16,000(1-r)^t represents the situation, where t is the age of the car in years and r is the rate of depreciation. about how old is devon's car?
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stefancvorovic1
4,8(83 marks)
We are given with the equation 2,000=16,000(1-r)^t where $2,000 is the current value and $16,000 is value of the car when purchased. r is the rate of depreciation equal to 35% or 0.35. We find t, age of the car using the calculator which is 4.83 years.
dudedan05
4,4(82 marks)
0.82 0.51 0.21
Step-by-step explanation:
Think of it as counting down
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