namu94
namu94 namu94
  • 26-04-2020
  • Mathematics
contestada

7. A Honda Accord depreciates at 15% per year. Six year ago it was
purchased for $21,000. What is it worth now?

Respuesta :

righteouschickling righteouschickling
  • 26-04-2020

Answer:

7920.14

Step-by-step explanation:

The formula is y = a (1-r)^t

21000 (0.85)^6

0.85^6 = 0.37714951562

21000 (0.37714951562) = 7920.14

Answer Link
abbywashington63
abbywashington63 abbywashington63
  • 11-05-2020

Answer:

$7920.14

Step-by-step explanation:

21000(0.85)^6

$7920.14

Answer Link

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