~REST OF QUESTION~ If a car was purchased for $10,000, what is its value 4 yrs later?
can u plz plz show me how to do this step by step? thank u very much :)
2007-05-05 18:52:39 · 3 answers · asked by Anonymous in Science & Mathematics ➔ Mathematics
10000*(.8)(.9)^3=5832
2007-05-05 18:57:32 · answer #1 · answered by bruinfan 7 · 1⤊ 0⤋
initial value = 10000
year 1 1/5(10000) = 2000 depreciation
8000 (10000-2000) book value
year 2 1/10(8000) = 800
7200 (8000-800)
year 3 1/10(7200) = 720
6480 (7200-720)
year 4 1/10(6480) = 648
5832 (6480-648)
value 4 yrs later: 5832
2007-05-06 02:02:33 · answer #2 · answered by builder-mech 2 · 0⤊ 0⤋
5832
2007-05-06 01:57:49 · answer #3 · answered by Head Cold 1 · 0⤊ 0⤋