Math homework
a car costs $25,750.00 and depreciates in value by 20% per year. how much will the car be worth
after 5 years?
$5,150.00
$8,437.76
$8,240.00
$20,600.00

From the given scenario above, the value of the car after n years is given by the equation,
                          V(n) = V₁(1 - d)^n
Where V(n) is the value after n years, V₁ is the original value, d is the depreciation rate and n is the number of years. Substituting the known values,
                          V(n) = ($25,750)(1 - 0.2)^5
                                 = $8,437.76
Thus, the answer is the second choice. 

The first option would be correct if it were one half and not one