Answered

Ashlee buys a car for 18,995. The car depreciates (loses value( at a rate of 18% annually. Determine the value of the car after 6 years (round to the nearest hundredth.)

Answer :

micllan

Answer:

5774.61

Step-by-step explanation:

The method to calculate car value use :

P(x)= car price ( 1 - rate percentage )^years

P(x)= 18,995 ( 1 - 0.18 )^6

= 5774.60672

Round to nearest hundreds:

= 5774.61

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