silverjohn264 silverjohn264
  • 17-01-2021
  • Mathematics
contestada

A car was bought for $20,000 and has depreciated at a rate of 10% yearly. Find the price of the car 8 years later.

Respuesta :

movi03112007
movi03112007 movi03112007
  • 17-01-2021

Answer:

$4,000

Step-by-step explanation:

10% of $20,000 is $2,000, which means the price of the car is decreasing by $2,000 each year. After 8 years, the price of the car has decreased by $16,000 ($2,000 times 8 years). The totals cost of the car is now $4,000, as it was originally $20,000, but decreased by $16,000. (20,000-16,000=4,000).

Answer Link

Otras preguntas

BIO HELP! 10 POINTS BRAINLIEST Some antibiotics used to treat infections in humans are also used to treat chickens, but some groups oppose this practice. The o
Discuss the relationship between natural disasters and climate change.
Can someone help pls will mark Brainly and 10+ points only 11 and 12
Explain the purpose of a three-valve manifold in closed tank level measurement installations.
The net of a triangular prism is shown 16 in 13 in 12 in 5 in What is the surface area of the triangular prism?
The Bolsheviks under Vladimir Lenin understood that the key to gaining legitimacy after their coup was to achieve what first?
SOMEONE PLEASE HELP ME WITH THIS ILL GIVE YOU BRAINLY IF YOU GET IT RIGHT PLEASE ALSO EXPLAIN HOW YOU GOT THE ANSWERS !!!!!
I WILL GIVE BRAINLIEST PLZ HELP describe health care in United States (plz write it simple for a 7 grader) 1 PARAGRAPH
help me fast i will give brainlist
HELP AND QUICK What is the area of the shape above? A 6 square inches B 28 square inches C 32 square inches D 38 square inches