A new car is purchased for 22300 dollars. the value of the car depreciates at 10.25% per year. what will the value of the car be, to the nearest cent, after 6 years?
A New Car Is Purchased For 22300 Dollars. The Value Of The Car Depreciates At 10.25% Per Year. What Will The Value Of The Car Be, To The Nearest Cent, After 6 Years?
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A New Car Is Purchased For 22300 Dollars. The Value Of The Car Depreciates At 10.25% Per Year. What Will The Value Of The Car Be, To The Nearest Cent, After 6 Years?. Show more… pritesh ranjan and 95 other algebra 2 educators are ready to help you. What will be the value of the car to the nearest cent, after 6 years?
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To find the value of the car after 6 years of depreciation at a rate of 10.25% per year, we can use the formula for exponential decay: A new car is purchased for 22300 dollars. The value of the car depreciates at 10.25% per year.
22300 X (1.1025^6) = 40047.59 Nearest Cent = 40047.60 I Hope This Helped You
What will be the value of the car to the nearest cent, after 6 years? This shows how the value of the car. The value of the car depreciates at 10.25% per year.
A New Car Is Purchased For 22300 Dollars.
The value of the car depreciates at 10.25% per year. What will the value of the car be, to the nearest cent, after 6 years? A new car is purchased for 22300 dollars.
$$V = 22300 \Times 0.5373 \Approx 11966.59$$V = 22300×0.5373 ≈ 11966.59 Thus, The Value Of The Car After 6 Years, To The Nearest Cent, Is Approximately $11,966.59.
Using a depreciation formula, the value of a car purchased for $22,300, depreciating at 10.25% per year, will be approximately $11,661.26 after 6 years. Show more… pritesh ranjan and 95 other algebra 2 educators are ready to help you. To find the value of the car after 6 years of depreciation at a rate of 10.25% per year, we can use the formula for exponential decay:
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Learn how to use the depreciation formula to find the value of a car after 6 years. A new car is purchased for 22300 dollars. The value of the car depreciates at 10.25% per year.
What Will The Value Of The Car Be, To The Nearest Cent, After 6 Years?