Jaydengarciajg2006 Jaydengarciajg2006

01-06-2022
Mathematics

contestada

A car with an initial value of $25,000is decreasing at a rate of 4% each other.at this rate,what Willy eh value be of the car after 5years?

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jsimpson11000 jsimpson11000

01-06-2022

Answer:

$ 20384.32

Step-by-step explanation:

Decreasing by 4 % each year means it retains 96 %

25 000 ( .96)^5 = 20384.32

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