How does depreciation affect the cost of owning a car over a period of 5 years

Due to depreciation, the value of your car goes from 100% when you buy it to nearly 40% after 5 years.

Step-by-step explanation:

Depreciation means the reduction in the value of something you have with time. If you buy a car for $40,000 in 2020 and want to sell it in 2025, you will have to sell it for something near $16,000. This reduction in price is because of you owning the car and using it for that period.

After you buying a car and owning it for a year, your car's value depreciates about 20% which means your car is now worth 80% (100%-20%) of what it cost when you brought it. After owning the car for a year, the value depreciates approximately 10% every year. So for another 4 years, your value decreases another 40% (4 years x 10% per year).

To summarize, the first year the car value depreciates by 20% followed by 4 years of 10% each which is 40%. So in total after 5 years, your car loses nearly 60% of its value due to depreciation. A car brought in 2020 for $40,000 will depreciate 60% and will be valued at nearly $16,000 during 2025.

cheater

step-by-step explanation:

answer: ratio of volume of cone (with 3 times the height and equal diameter) to volume of cylinder is 2 to 1. the value of π is not used.

step-by-step explanation:

radius is diameter/2 = 4.

area of circle is π r^2.

volume of cylinder is height × area of base = hπr^2 = 3(4^2) π = 48π cubic inches.

not knowing the formula for volume of cone, i calculate it using calculus (which is for calculating things).

volume of cone is integral 0 to h area(y) dy. area(y) is π r(y)^2. r(y) runs r to zero as y runs zero to h, r(0) = r, r(h) = 0.

r(y) = r - r/h y

area(y) = π (r - r/h y)^2 = π (r^2 - 2r^2y/h + r^2y^2/h^2) = π r^2(1-2y/h+y^2/h^2)

antiderivative area(y) = π r^2 (y-y^2/h+y^3/(3h^2))

integral 0 to h = π r^2(h-h^2/h+h^3/(3h^2) - (0)) = π r^2(h - h + h/3) = π r^2(h/3) = π/3 r^2 h

volume of this cone is π/3(4^2)18 cubic inches.

= 6 16 π = 96π cubic inches.

cone has twice the volume, 96/48.

cone height is 6 times the cylinder.

ratio of volume formula: π r^2 cancels.

cone over cylinder ratio is 6h/3 to h, 2 to 1.