Anew car is purchased for 15500 dollars. the value of the car depreciates at 7.5% per year. what will the value of the car be, to the nearest cent, after 6 years?

Step-by-step explanation:

we know that

The  formula to calculate the depreciated value  is equal to  

where  

V is the depreciated value  

P is the original value  

r is the rate of depreciation  in decimal  

x  is Number of Time Periods  

in this problem we have  

substitute

i = 2 / - 5

step-by-step explanation:

evaluation of ( 2 - 4 ) ( p + q ) when p = 2 and q = 5 i, by putting values of p and q,                                                                    

just needed some points but try socratic