Wednesday
April 16, 2014

Homework Help: Math

Posted by Crystal on Monday, November 12, 2012 at 5:27pm.

The value of a car after it is purchased depreciates according to the formula v(n)=28000(0.875)^n where v(n) is the car's value in the nth year since it was purchased. How much value does it lose in its fifth year?
The answer is $2052 but I don't see how; please explain how to get all the answers and all your steps! I have a test tomorrow

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Advanced Functions - he value of a new car depreciates at a rate of 12% per year...
Calculus - After t years, the value of a car that originally cost $16,000 ...
Math (difficult) - The value of a new car purchased for $28,000 decreases 8% per...
math-functions - A car purchased for $11900 has a resale value of $2000 after 10...
math - Magnus purchased a car for $35,865. It depreciates about 3.6% each year. ...
math - Not to sure of how to make reasonable graph for this question. A car was ...
math - a car depreciates in by avalue of $1000 per year. The original value of ...
math - The value of a new car decreases exponentially.Suppose your mother buys a...
math - The Question is: The value of a new car depreciates at a rate of 12% per ...
Algebra 2 - Evan spent the summer earning money so he could buy the classics car...

Search
Members