Ask Question
22 June, 18:49

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. 22 June, 19:53
    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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers