Question

Lily purchased a lawn mower for $2,285. It depreciates 1.1% each year. What is the value of the lawn mower after six years?

Answer 1

help pleaseeeeeeeee

Answer 2

i swear i just answered this question

Answer 3

no that was lilith

Answer 4

tthis person names is lily

Answer 5

??

Answer 6

u didnt answer this one

Answer 7

help please

Answer 8

isn't it identical to the last one?

Answer 9

i don't think so

Answer 10

whats the formula again for i solve it please

Answer 11

i don't mean the numbers are identical, i mean the problem is identical

Answer 12

what is \(100-1.1\) ?

Answer 13

98.9

Answer 14

ok good. so if it looses \(1.1\%\) of its value, it retains \(98.9\%\) of its value each year
what is \(98.9\%\) as a decimal ?

Answer 15

.989

Answer 16

got it thanks

Answer 17

all right
so to decrease a number by \(1.1\%\) you multiply that number by \(.989\)
to do it 6 times you multiply it by \(.989^6\)

Answer 18

yw