melnikovnikita20
Answered

At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Discover in-depth solutions to your questions from a wide range of experts on our user-friendly Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

In the year 2010, a person bought a new car for $26000. For each consecutive year after that, the value of the car depreciated by 10%. How much would the car be worth in the year 2014, to the nearest hundred dollars?

Sagot :

rococo908

Answer:

$17,100

Step-by-step explanation:

Set up an equation where y is the worth of the car and t is the number of years since 2010:

y = 26000(0.9)^t

Plug in 4 as t, since it is asking about 2014:

y = 26000(0.9)^t

y = 26000(0.9)^4

y = 17058.6

Round to the nearest hundred dollars:

17058.6

= 17,100

So, the car will be worth approximately $17,100

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.