anonymous
  • anonymous
A car cost $20,000 when it was purchased. The value of the car decreases by 8% each year. Find the rate of decay each month and select the correct answer below
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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schrodinger
  • schrodinger
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anonymous
  • anonymous
So yearly decay is *0.92^x (when x=year), per month would just be a 12th of that
anonymous
  • anonymous
\[P=20000\times 0.92^{\frac{ m }{ 12 }}\]
anonymous
  • anonymous
The decay depends on the current price not the original

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anonymous
  • anonymous
im confused
anonymous
  • anonymous
−0.006924% −0.006667% −0.666667% −0.6924%
anonymous
  • anonymous
those are the answer choices
anonymous
  • anonymous
Its B then :/ now im confused
anonymous
  • anonymous
oh wait its A
anonymous
  • anonymous
\[1-(0.92^{\frac{ 1 }{ 12 }})\]
anonymous
  • anonymous
=0.006924
anonymous
  • anonymous
ohok i get it now. thank you

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