beepbeeplettuces
beepbeeplettuces beepbeeplettuces
  • 22-06-2020
  • Mathematics
contestada

Dan buys a car for £2300. It depreciates at a rate of 0.2% per year. How much will it be worth in 6 years? Give your answer to the nearest penny where appropriate.

Respuesta :

sqdancefan
sqdancefan sqdancefan
  • 02-04-2021

9514 1404 393

Answer:

  £2272.54

Step-by-step explanation:

An equation for the value is ...

  v = £2300(0.998^t)

Then for t=6, the value is ...

  v = £2272.54

_____

Additional comment

The growth factor (0.998) is (1 - decay rate) = (1 -0.002).

Answer Link
elephantlover1288
elephantlover1288 elephantlover1288
  • 05-04-2021

Answer:

the answer is 2272.54

Step-by-step explanation:

:))

Answer Link

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