Homework Help: Algebra II

Posted by Anon on Thursday, March 17, 2011 at 11:23pm.

I first want to make it clear that I have only taken Geometry, Algebra I, and pre-Algebra. That seemed to clear things up last time.

Question:
Matt bought a car at the cost of 25,000 dollars. This car's value goes down 15% every year.
1. What is the decay factor?
2. Write the equation to model the decay factor.
3. What will the car be worth in 5 years?

Algebra II - Reiny, Friday, March 18, 2011 at 8:34am
If something decreases by 15%, then 85% would be left over.
equation:
value = 25000(.85)^t , where t is the number of years

so in 5 years, t - 5
value = 25000(.85)^5 = ......
Algebra II - Anon, Sunday, March 20, 2011 at 12:44am
Thank you c:

Answer this Question

Related Questions

Pre-Algebra: Help - I have to do a webquest for pre-algebra and we have to make ...
pre-algebra - kk my teach told me to describe and draw things that are about pre...
what does pre-algebra mean?? - i have to draw things that have to do with pre ...
high school algebra - The weather during Smedley's vacation was strange -- ...
Algebra 1 - I'm having a hard time understanding distance rate and time word...
SHAY - THE MATH QUESTION IS IT ALGEBRA , PRE ALGEBRA' OR GEOMETRY? ...
English - 1. I want to do volunteer work at the Han River. I want to pick up ...
Algebra II-Please help!! - Please help-I'm really mixed up How do I find the...
maths - wat are the square brackets that are found in algebra Just one way of ...
pre-algebra - didn't get a clear answer, i do not understand how to find the...

For Further Reading

First Name:
School Subject:
Answer: