Answered

At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

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:

MrRoyal

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:

https://brainly.com/question/25806993

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.