Mr. Keller bought a car for $20,000. A study shows that a car will depreciate (go DOWN in value) by 15% each year. How much is Mr. Keller’s car worth after 5 years? A) Formula used:B)Substitute values:C) Final answerD) Does this final answer make sense compared to the original cost of the car? Why?E) DESCRIBE (using a complete sentence or two) how you can solve this problem graphically.
Question
Answer:
The answer would be 15000 which is thee interest. Hope that helped you!
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