Friday

August 29, 2014

August 29, 2014

Posted by **Joe** on Sunday, May 1, 2011 at 11:14am.

- Algebra -
**MathMate**, Sunday, May 1, 2011 at 12:03pmThe residue value after each year is 100-25=75% of the previous year.

So after n years, the value is

P(0.75^n)

=$17,500 * 0.75^5

=...

I'll let you do the calculations.

**Related Questions**

Calculus - After t years, the value of a car that originally cost $16,000 ...

math - A rule of thumb used by car dealers is that the trade-in value of a car ...

Algebra 2.. - a rule of thumb used by car dealers is that the trade in value of ...

check/ help! - a new car depreciate by 20% in its first year. Each succeding ...

math - The value of a new car decreases exponentially.Suppose your mother buys a...

MATH - a rule of thumb used by car dealers is that the trade in value of a car ...

MATH - NEED EXTREME HELP!@#$%^a rule of thumb used by car dealers is that the ...

math - you purchase an suv for $26,000. A year later the car is worth only $24,...

Algebra - The value of many things we own depreciates over time. When an asset's...

Algebra - Three years after purchase, a car is estimated to be worth $24,000. At...