xoxonene xoxonene
  • 22-05-2020
  • Mathematics
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Can someone plzzz help me with plz I don’t understand this helpplll

Can someone plzzz help me with plz I dont understand this helpplll class=

Respuesta :

altavistard
altavistard altavistard
  • 22-05-2020

Answer:

$3474.25

Step-by-step explanation:

Use the compound amount formula A = P(1 + r)^t.  Here r is the rate as a decimal fraction and is -0.15.  t represents the number of y ears.  P is the initial value of the car.

Then:  A = ($15,000)(1 - 0.15)^9, or

           A = ($15,000)(0.85)^9  = $3474.25

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