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Mathematics, 13.10.2020 01:01 choltox8840
The value V of an item after t years is given by the following formula, assuming linear depreciation,
V=C−Crt,
where C is the original cost and r is the rate of depreciation expressed as a decimal.
If you buy a car for $11,413 and it depreciates linearly at a rate of 14% per year, what will be its value after 3 months? Round your answer to the nearest cent.
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The value V of an item after t years is given by the following formula, assuming linear depreciation...
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