## An equation for the depreciation of a car is given by y = A(1 – r)t, where y = current value of the car, A = original cost, r = rate of depr

Question

An equation for the depreciation of a car is given by y = A(1 – r)t, where y = current value of the car, A = original cost, r = rate of depreciation, and t = time, in years. The current value of a car is $12,282.50. The car originally cost$20,000 and depreciates at a rate of 15% per year. How old is the car?

in progress 0
3 months 2021-11-10T19:01:03+00:00 1 Answer 0 views 0