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slavikrds
1 month ago
8

Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. Its current value is $2,000. The equ

ation mc025-1.jpg represents the situation, where t is the age of the car in years and r is the rate of depreciation. About how old is Devon’s car? Use a calculator and round your answer to the nearest whole number.
Mathematics
2 answers:
Leona [12.6K]1 month ago
7 0

Initial cost = 16000
depreciation rate = 35%
remaining value = 2000
depreciation over one year = 16000*35% = 5600
5600*2 = 11200 + 5600*6\12 = 2000
The car is aged 2.5 years, accounting for two full years and an additional half year of depreciation.

Svet_ta [12.7K]1 month ago
7 0

Response:

5 years

Explanatory steps:

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The remaining depth needed for filling with water = (18-3) inches

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Response:

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Step-by-step breakdown:

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