Question

a $16000 car was decreased 15% each year how much is it after 6 years

Answer 1

\[A = P(1-r)^t \rightarrow A = 16000(1-.15)^6 \rightarrow A = 16000(0.85)^6 \rightarrow A = 16000(0.377)=$6034.39\]

Answer 2

what does it equal the box showing your answer is cut off

Answer 3

$6034.39
sorry about that!