goku4420
30.01.2021 •
Mathematics
Write the exponential equation for this scenario. Mike buys a car for $45,000.00. The cars value depreciates (loses value) at a rate of 18% per year.
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Ответ:
Step-by-step explanation:
Given data
P= 45,000
rate= 18%
Recall the expression for the compound interest
Since we are talking of depreciation
Substitute
Hence the exponential function is
Ответ:
20.75
Step-by-step explanation: