Questions LLC
Login
or
Sign Up
Ask a New Question
Mathematics
Applied Mathematics
Financial Mathematics
Determine how many years it would take for the value of a car to depreciate to 25% of its original value, if the rate of depreciation, based on the reducing balance method, is 16 % per annum.
1 answer
.84^n = .25
You can
ask a new question
or
answer this question
.
Related Questions
Years, x Value of Car, f(x)
1. I 29, 750.00 2. I 25, 287.50 3. I 21, 494.38 4. I 18, 270.22 5. I ? A car decreases in value after
Use the table to answer the question.
Years, x | Value of car, f (x) 1 | 29,750.00 2 | 25,287.50 3 | 21,494.38 4 | 18,270.22 5 |
A vehicle depreciates according to the formula: v=29800(3.31)^-.06x where x is the age of the car in years. Find the value of
Suppose you buy a car with a value of $9,250. Each year the value of your car will depreciate by 5.1%. How much will your car be
he value of a new car depreciates at a rate of 12% per year.
Write an equation to represent the approximate value of a car
A new car depreciates as soon as you drive it out of the parking lot. A certain car depreciates to half its original value in 4
Use the table to answer the question.
Years, x Value of Car, f(x) 1 29, 750.00 2 25, 287.50 3 21, 494.38 4 18, 270.22 5 ? A car
A copier purchase new for $4800 depreciate in value $500 each year. The model predict that the value of the copier after seven
Mr. Hon purchases a new car every 4 years. Ms. Jasper purchases a new car every 6 years. They both purchased new cars this year.
a new car depreciate by 20% in its first year. Each succeding year its depreciate by 10% assume the car is still good working