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Answered

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A new sports car sells for $35,000. The value of the car decreases by 18% annually. Write a function that models the yearly value of the car since its purchase, and determine what it's worth when it is 10 years old.

Sagot :

tajudeenoseni

Step-by-step explanation:

Value of car after 1st year=35,000 - (35000 × 18/100)

= 35,000 - ( 35,000 × 0.18)

= 35,000 - 6,300

= 28,700.

This means that annually (every year), the price of the car decreases by 6,300.

The value of the car when it's ten years is

= 35,000 - 10(6300)

= 35,000 - 63,00

= -28,000

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