Answered

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The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which equation can be used to determine the approximate current value of the car?

Sagot :

Answer:

y=25,000(0.89)^6

Step-by-step explanation:

Answer:

a: y= 25,000(0.89)^6

Step-by-step explanation:

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