Mathematics, 01.12.2021 18:10 elijahbebeastin
An equation for the depreciation of a car is given by y = A(1 – r)t, where y = current value of the car, A = original cost, r = rate of depreciation, and t = time, in years. The current value of a car is $12,282.50. The car originally cost $20,000 and depreciates at a rate of 15% per year. How old is the car?
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An equation for the depreciation of a car is given by y = A(1 – r)t, where y = current value of the...
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