Ask Question
MathematicsMathematics
7 December, 06:16

The value of a car x years from now is given by v (x) = 2000 (0.75) x. What is the annual compound interest rate of depreciation?

+4
Answers (1)
  1. 7 December, 06:34
    0
    Hello! So because the value in the parenthesis is less than one, this represents exponential decay. 0.75 is 75% in decimal form. Percents are parts of 100. let's multiply that number from 100. 100 - 75 is 25. There. The rate of depreciation is 25%.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The value of a car x years from now is given by v (x) = 2000 (0.75) x. What is the annual compound interest rate of depreciation? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A side of a square bulletin board measures 34 inches. Which of these is the closest length of a diagonal?
Answers (1)
Julia has gone to the store to inquire about mailing packages. She is told that the cost of postage depends on the weight of the package where packages less than 10 lbs follow one model and packages greater than or equal to 10 lbs follow another
Answers (1)
Two missiles are initially 5000 miles apart. They travel along a straight line directly towards one another, one traveling at 2000 miles per hour and the other at 1000 miles per hour. How many miles apart are they 1 minute before impact?
Answers (1)
Circle F is congruent to circle J, and ∠EFD ≅ ∠GJH. m∠DFE = 80°. What is the measure of?
Answers (1)
A bank wonders whether omitting the annual credit card fee for customers who charge at least $2400 in a year would increase the amount charged on its credit card. The bank makes this offer to an SRS of 250 of its existing credit card customers.
Answers (2)
New Questions in Mathematics
The claim is that the proportion of peas with yellow pods is equal to 0.25 (or 25%). the sample statistics from one experiment include 480 480 peas with 127 127 of them having yellow pods. find the value of the test statistic.
Answers (1)
90% of students at a university use a backpack, while the rest do not. Of all the students, 50% carry their laptops with them and 5% carry neither a backpack nor laptop. What percentage of students carry their laptops and use a backpack?
Answers (1)
Brianna's teacher asked her which of these three expressions are equivalent to each other 9x - 3 x - 4, 12x - 4, 5x + x - 4
Answers (1)
I am the only number between 41 and 49 that has 5 as a factor. what number am i?
Answers (1)
Solve the proportion: A printer can print 11 color pages in 2 minutes. How many color pages can the printer print in 7 minutes?
Answers (1)
Home » Mathematics » The value of a car x years from now is given by v (x) = 2000 (0.75) x. What is the annual compound interest rate of depreciation?
Sign Up Forgot Password?