Posted by **Matthew** on Sunday, March 17, 2013 at 11:03pm.

The value, V, of a $25000 vehicle after y years is given by V = 25000 (0.85)y

What is the rate of depreciation? (1 mark)

What will the car be worth after 5 years? (1 mark)

To the nearest month, how long would it take to reduce the vehicle’s value to 10% of its original amount? (3 marks)

## Answer this Question

## Related Questions

- math - The value, V, of a $25000 vehicle after y years is given by V = 25000 (0....
- check/ help! - a new car depreciate by 20% in its first year. Each succeding ...
- algebra - a car sells for $25000. if the rate depreciation is 15% what is the ...
- finance - a car sells for $25000. if the rate depreciation is 15% what is the ...
- Finance - a car sells for $25000. if the rate depreciation is 15% what is the ...
- Math - The depreciation rate, r, for a $50,000 news car is given by the function...
- pre cal - you decide to buy a car for 25000. each year your car depreciates in ...
- Algebra - Three years after purchase, a car is estimated to be worth $24,000. At...
- math - the value, v, of a shopkeepers inventory software program is given by v...
- Math..urgent.pls help!:( - A Volkswagon Beetle convertible sedan is worth $16,...