True or False: For the depreciation formula, A = C(1 - r)t, C represents the initial value before any depreciation.

Question

ghazi · Answer

True

anonymous · Answer

True or False: For the depreciation formula, A = C(1 - r)t, t represents the number of years during the depreciation period.
@ghazi

ghazi · Answer

yea thats true, t is time in years

anonymous · Answer

Using the formula for compound interest savings A= P(1 + r)t, what is P?
@ghazi

ghazi · Answer

P is principal amount i guess

anonymous · Answer

You bought a sports car for $89,000. What will the car be worth after 10 years if the depreciation rate is 8%?
	A.	$38,660.57
	B.	$50,339.43
	C.	$82,130.93
	D.	$204,885.74
@ghazi

ghazi · Answer

i am afraid ,  i forgot this too :(

anonymous · Answer

haha no worries thanks for all the help!

ghazi · Answer

YW :)