the end is suppose to how much will the car be worth 4 years from now.
2006-09-27 08:32:29 · 4 answers · asked by Jamie B 1 in Science & Mathematics ➔ Mathematics
I am suppose to use an exponential equation for it
2006-09-27 08:42:56 · update #1
$9,250
2006-09-27 08:41:13 · answer #1 · answered by Anonymous · 1⤊ 2⤋
Put X = worth 4 years ago
1/6X => loses for 1th year
2/6X => loses for 2th year
3/6X => loses for 3th year
4/6X or 2/3X => loses for 4th year
We have 2/3X = 16000$ => X = (16000)(3)/2= 24000$
answer= 24000$
Verification: 1/6 x 24000$ = 4000$
1/3 x 24000$ = 8000$
1/2 x 24000$ = 12000$
2/3 x 24000$ = 16000$
2006-09-27 10:42:25 · answer #2 · answered by frank 7 · 0⤊ 1⤋
you may't purchase lots of a vehicle for $500. You sound purely such as you want to justify a extra modern vehicle fairly than get by ability of. there is no longer something incorrect with desiring a clean vehicle, yet financially it does no longer make experience to take action in case you will get in sturdy working order for $500. There could be yet another 75,000 to one hundred,000 in tha instructed Regal in the previous you will could junk it out.
2016-10-18 02:11:17 · answer #3 · answered by Anonymous · 0⤊ 0⤋
$16,000 * (5/6)^4 = $7716.05
2006-09-27 08:45:24 · answer #4 · answered by Joe C 3 · 1⤊ 0⤋