Math

A company owns office cars worth a total $587,000.The cars are depreciated by 12% of a year .For 10 year what is the expected value of the cars at the end of 10 years ?

  1. 👍 0
  2. 👎 0
  3. 👁 44
asked by Reshma
  1. y= 587,000(0.88)^x

    so.. y= 587,000(0.88)^10

    y=587000 x 0.278500976
    y=163480.0729

    1. 👍 0
    2. 👎 0
    posted by Kelsy

Respond to this Question

First Name

Your Response

Similar Questions

  1. Math

    The Toyota Co. has a daily production quota of $100,000 worth of cars. They produce two types of cars. Their compact model (x) is valued $10,000 and their luxury car (y) is valued at $20,000. A. Write an inequality that describes

    asked by Ashley Kate on January 13, 2014
  2. Math

    The Toyota Co. has a daily production quota of $100,000 worth of cars. They produce two types of cars. Their compact model (x) is valued $10,000 and their luxury car (y) is valued at $20,000. A. Write an inequality that describes

    asked by Ashley Kate on January 13, 2014
  3. Math-Algebra

    The Toyota Co. has a daily production quota of $100,000 worth of cars. They produce two types of cars. Their compact model (x) is valued $10,000 and their luxury car (y) is valued at $20,000. A. Write an inequality that describes

    asked by McKenna Louise on February 24, 2014
  4. Math

    The Toyota Co. has a daily production quota of $100,000 worth of cars. They produce two types of cars. Their compact model (x) is valued $10,000 and their luxury car (y) is valued at $20,000. A. Write an inequality that describes

    asked by McKenna Louise on February 24, 2014
  5. math

    a company owns only cars and trucks. The sum of the cars and trucks owned by the company is 60. One sixh of the red and one half of the trucks are red. If there are twice as many red trucks as red cars, how many cars are not red?

    asked by CAKE! Help h on November 6, 2016
  6. Math

    The bar graph below shows the numbers of various colors of cars owned by the employees of a certain business. Write five ratios (expressed as fractions in lowest terms) that compare the least popular color to each of the other

    asked by Kelly on October 21, 2009
  7. Math

    New Car. A game show gives away 2 new cars. One car is worth $50,000 and the other car is worth $40,000. Two members of the audience are randomly selected to participate and receive one of the two new cars. What is the expeted

    asked by Trey on March 18, 2009
  8. Algebra

    The management of Hartman Rent-A-Car has allocated $1.92 million to buy a fleet of new automobiles consisting of compact, intermediate-size, and full-size cars. Compacts cost $16,000 each, intermediate-size cars cost $24,000 each,

    asked by Anonymous on September 10, 2017
  9. math

    A woman owns stock in two companies, company A and company B. She owns 79 shares of stock in company A. Each share of stock in company A is worth $12. Each share of stock in company B is worth $19. Write three equations to

    asked by Olivia on October 16, 2014
  10. math

    Net worth. Melanie's house is worth $125,000, but she still owes $78,422 on her mortgage. She has $21,236 in a savings account and $9,477 in credit card debt. She owes $6,131 to the credit union and figures that hers cars and

    asked by Aretha Siggers on December 10, 2010

More Similar Questions