brendenfriel30 brendenfriel30

07-12-2020
Mathematics

contestada

fred purchased a new car for $53,000. the car depreciates 17% of its value each year compounded continuously. how much is it worth after 4 years. round to the nearest whole dollar

Respuesta :

07-12-2020

Answer:

It is worth $26,855 after 5 years

Step-by-step explanation:

53000 ÷ (1 + .17 ÷ 365)^(365 × 4)

Answer Link

Otras preguntas

The lines graphed below are parallel. The slope of the red line is 2/5What isthe slope of the green line?

The eucalyptus is the world's fastest growing tree. It grows an average of 2 1/2 centimeters every day. If a eucalyptus tree is 50 centimeters tall when it is p

List the different combinations of heads and tails that can occur when 3 ordinary coins are tossed. Use h for heads and t for tails. One combination is hht. Lis

What is the kinetic energy of a 1450 kg sports car traveling down the road with a speed of 30 m/s?

If the area of an iron rod is 10 cm by 0.5 cm and length is 35 cm. Find the value of resistance, if 11x10^-8 ohm.m be the resistivity of iron.

Read the following sentence and use context to select the correct word: (5 points) Marion took a quick into the box and slammed the lid shut before the owlet co

The fraction of a radioactive isotope remaining at time t is (1/2)^t/t1/2 where t1/2 is the half-life. If the half-life of carbon−14 is 5,730 yr, what fraction

Tú ______ muchos aplausos.Question 14 options:a) recibieronb) recibióc) recibisted) recibieron

What is DATE data type and its syntax and what is TIMESTAMP data type and its syntax in SQL language.Explain the difference between both of them .

A car is traveling up a hill that is inclined at an angle θ above the horizontal. Determine the ratio of the magnitude of the normal force to the weight of the