Answered

Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

8 The value of Serafina's car is decreasing by 10% each year.
Its value in dollars x years from now will be 12,000.0)".
a. How much is the car worth right now? Show your work.
9
X
SOLUTION
b. How much was the car worth one year ago? Show your work.

Sagot :

MrRoyal

The rate at which the value of the car decrease is an illustration of depreciation

  • The worth of the car right now is $12000
  • The worth of the car one year ago is $13333

How to determine the car worth right now

The function is given as:

[tex]y = 12000 * 0.9^x[/tex]

The term "Right now" means x = 0.

So, we have:

[tex]y = 12000 * 0.9^0[/tex]

[tex]y = 12000[/tex]

Hence, the worth of the car right now is $12000

How to determine the car worth right one year ago

The function is given as:

[tex]y = 12000 * 0.9^x[/tex]

One year ago means x = -1.

So, we have:

[tex]y = 12000 * 0.9^{-1}[/tex]

[tex]y = 13333[/tex]

Hence, the worth of the car one year ago is $13333

Read more about depreciation at:

https://brainly.com/question/1937269

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.