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A new car depreciates at a rate of 15% per year. What is the expected value of a $25,000 car after 5 years (rounded to nearest whole dollar)? A) $20750 B) $11093 C) $9429 D) $6250. Algebra Exponents and Exponential Functions Exponential Growth. 1 Answer Johnson Z. Mar 27, 2016Nov 2, 2020 · Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. its current value is $2,000. the equation mc025-1.jpg represents the situation, where t is the age of the car in years and r is the rate of depreciation. about how old is devon’s car? use a calculator and round your answer to the nearest whole number. Question 352207: A new car worth $45000 is depreciating in value by $5000 per year. Write a formula that models the car's value, y, in dollars, after x years. Use the formula from part (a) to determine after how many years the car's value will be $10000. Graph the formula from part (a) in the first quadrant of a rectangular coordinate system.Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. Its current value is $2,000. The equation mc025-1.jpg represents the situation, where t is the age of the car in years and r is the rate of depreciation. About how old is Devon’s car? Use a calculator and round your answer to the nearest whole number.Question 1120432: A new car cost $20,000 when purchased. After 6 years, the car is worth $8000. Assuming linear depreciation, what was the value of the car 2 years after the purchase? Answer by ikleyn(48960) (Show Source):Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. Its current value is $2,000. The equation 2000=16000(1−r)^t represents the situation, where t is the age of the car in years and r is the rate of depreciation.Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. Its current value is $2,000. The equation mc025-1.jpg represents the situation, where t is the age of the car in years and r is the rate of depreciation. About how old is Devon’s car? Use a calculator and round your answer to the nearest whole number.May 22, 2023 · Web Given New Car Purchase For $ 16000 Del. Web devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. Web devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. A new truck costing $50,000 with a residual value of $4,000 has an estimated useful life of five years. 25 100 ... A car was purchased for $20,000. The value of the car depreciates at a rate of 8% each year. 1) what is the equation giving the value of the car, V, after t years of time. V= 2) What is the value of the car after 7years? Round to two decimal places.Question 17 Amber bought a used car valued at $16,000. When this car was new, it was sold for $28,000. When this car was new, it was sold for $28,000. If the car depreciates exponentially at a rate of 9% per year, approximately how old is the car?Delhi Tourist Service Ltd. purchased from Maruti Udvog Ltd. a motor van on 1st April 2009 the cash price being Rs 1,64,000. The purchase was on hire purchase basis, Rs 50.000 being paid on the signing of the contract and, thereafter, Rs 50,000 being paid annually on 31st March, for three years, Interest was charged at 15% per annum.d. a loan finances the depreciated value of the car with related fees while a lease finances the total purchase price of the car. c. a loan finances the total purchase price of the car while a lease finances only the depreciated value and related fees. Bob is thinking about leasing a car. The lease comes with an interest rate of 8%.Question: You have purchased a new car for $16,000. You expect the value of the car to depreciate by 15% per year. What will the car be worth in 5 years? This problem has been solved! You'll get a detailed solution from a subject …Jun 7, 2016 · Verified answer. Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. It's current value is $2,000. the equation 2,000=16,000 (1-r)^t represents the situation, where t is the age of the car in years and r is the rate of depreciation. A business purchased a motor car on 1 July 20X3 for $20,000. ... Which one of the following costs would be classified as revenue expenditure on the invoice for a new company car? A tax B. Number plates C. Fitted stereo radio D. Delivery costs ... /remaining useful life= (16,000 – 2,000)/2 = $7,000. Evans Co purchased a machine with an ...VIDEO ANSWER: Okay, We have this general formula and we know a few things. We know that the car is now worth 16,000. We don't know a That's what we're solving for one, minus R R is equal to five point. Let me be exwhere V is the future car value which is $2,900. I is the initial car value which is $16,000. r is the rate of depreciation which is 13.75% which is same as 13.75/100 = 0.1375. and t is …Web skylar study for exams. Web used cars under $16,000 in chattanooga save $4,581 on 790 deals 1,575 listings from $1,426 used cars under $16,000 in dallas save $5,024 on 4,113 deals 5,974 listings. Its current value is $2,000. Share Post a Comment for "Devon Purchased A New Car Valued At 16000"Aug 18, 2023 · The second method is estimating the initial value of the car. Let's assume you were looking to buy a three-year-old car for $12,000. If you input the value into the "3 years" box, the car depreciation calculator will display the car's initial value – in this case, over $20,500. You can now compare it to the price of a brand new car. Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. Its current value is $2,000. The equation mc025-1.jpg represents the situation, where t is the age of the car in years and r is the rate of depreciation. About how old is Devon’s car? Use a calculator and round your answer to the nearest whole number. Correct answers: 3 question: Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. its current value is $2,000. the equation 2000=16000(1−r)^t represents the situation, where t is the age of the car in years and r is the rate of depreciation. solve for the age of devon's car? use a calculator and round your answer to the nearest whole number.Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. Its current value is $2,000. The equation 2,000=16,000(1-r)^t represents the situation, where t is the age of the car in years and r is the rate of depreciation. About how old is Devon’s car?Math. Other Math. Other Math questions and answers. an The correct solution should be x = 5 for the You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Question: y^ (3)=2x^ (2)+3x-5 You have purchased a new car for $16,000. You expect the value of the car to depreciate by 15% per year. What will the car be worth in 5 years? (1 pt) y^ (3)=2x^ (2)+3x-5 You have purchased a new car for $16,000. You ... A company purchased a machine at the cost of $759,60 Oct 16, 2016 · Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. Its current value is $2,000. The equation mc025-1. Jpg represents the situation, where t is the age of the car in years and r is the rate of depreciation. About how old is Devon’s car? Image transcriptions. Solution. Given New Car purchase

Solution For Devon purchased a new car valued at \ 16,000thatdepreciatedconfinuouslyatarateof35 \%.itscurrentvalueis\2,000 The equation 2,000=16,000(1−r)t ...new car valued at $16,00 on 2,000=16,000(1-r)^(t) res n. About how old is Devon'sCredit: Decrease in cash. [Q2] The entity purchased $150,000 new equipment on account. Prepare a journal entry to record this transaction. [Journal Entry] Debit. Credit. Equipment. 150,000. Accounts payable.vehicles made easy. Search electric vehicles Learn more. Find your next new car, used car, truck, or SUV including pricing and features, find a car dealer near you, calculate payments or make a service appointment and so much more on AutoNation.com.

Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. Its current value is $2,000. The equation mc025-1. Jpg represents the situation, where t is the age of the car in years and r is the rate of depreciation. About how old is Devon’s car? 25 100 B = 0. 0625 value of fax after one year : Web if you get a $4000 rebate on a car with an original price of $12,000, you pay $8000 after the rebate. The ……

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