Question

PLEASE HELP
A car is purchased for $24500. After each year, the resale value decreases by 35%. What will the resale value be after 4 years?
round your answer to the nearest dollar.

Answer 1

\[24500 \times 0.35^4\]

Answer 2

\[\approx367\]

Answer 3

so i did that and got 367

Answer 4

are you sure thats correct

Answer 5

Yep

Answer 6

24500 * (1 - (35/100))^4

Answer 7

Sorry

Answer 8

\[\approx4373\]

Answer 9

I just woke up.

Answer 10

that was correct thank you

Answer 11

do you think you can help me with one more

Answer 12

Yep. Go ahead.

Answer 13

A principal of $3,000 is invested at 4% interest, compounded annually. How much will the investment be worth after 13 years?

Answer 14

p(1+r/n)^nt
then
\[3000(1+\frac{ 4 }{ 1 })^{13}\]

Answer 15

except for 4 to be treated as 0.04

Answer 16

is 4995 correct

Answer 17

To the nearest $, yes.

Answer 18

thank you so much

Answer 19

HI!!

Answer 20

first one i think is not right

Answer 21

We corrected it.

Answer 22

oh

Answer 23

You are welcome noodya123