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Odin is recording the depreciation of his car. The table displays the number of years and the car's depreciated value for each year.
What will be the value of his car in year 10?
PLEASE GIVE ME THE ANSWER!!


Odin Is Recording The Depreciation Of His Car The Table Displays The Number Of Years And The Cars Depreciated Value For Each Year What Will Be The Value Of His class=

Sagot :

Answer:

$1,158.08

Step-by-step explanation:

The value of the car in year 10 is $1158.08

How to determine the car value in year 10?

From the table, we have the following points

(x, y) = (1,5000) and (2,4250)

Start by calculating the rate of depreciation using:

r = y2/y1

So, we have:

r = 4250/5000

Evaluate

r = 0.85

The value of the car in nth year is calculated using:

y = y1 * r^(n - 1)

For the 10th year, we have:

y = 5000 * 0.85^(10 - 1)

Evaluate the product

y = 1158.08

Hence, the value of the car in year 10 is $1158.08

Read more about depreciation at:

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