Question

The original purchase price of a car is 14000 Each year its value depreciates by 10%. Three years after its purchase, what is the value of the car?

a. $11,340
b. $10.206
c. $14
d. $18,634

Answer 1

@sourwing @sammixboo @zale101 @triciaal ?

Answer 2

28000 but is not the answer

Answer 3

C) 14 the answer?

Answer 4

hmmm Idk

Answer 5

Im going with B.

Answer 6

Goodluck

Answer 7

it's an exponential function

Answer 8

triciaal will help you :)

Answer 9

the alternative to plugging into the formula
is to do find 90% of the original
then that is the new amount the 2nd year take 90%
then the third time another 90%

Answer 10

start with 14000 loose 10% so value is 14000*(100%-10%)= 12600
start 12600 loose 10% =

Answer 11

* lose

Answer 12

Nice teaching

Answer 13

thanks look up the formula don't remember it right now

Answer 14

C)$11,340 @triciaal?

Answer 15

that's the 2nd year
the question asked for after the 3rd so do it again

Answer 16

remember to look up the formula so you can use it next time

Answer 17

B)$10,206 @triciaal ?

Answer 18

yes