Ask Question
7 June, 06:05

The value of a treadmill bought new for $1000 decreases 5% each year. Use a graph to predict the value of the treadmill in 5 years.

A) ≈ $773.78

B) ≈ $857.38

C) ≈ $902.50

D) ≈ $814.50

+5
Answers (1)
  1. 7 June, 08:39
    0
    The formula is

    V (t) = V0 (1-r) ^t

    V (t) ?

    V0 1000

    R 0.05

    T 5 years

    V (5) = 1,000 * (1-0.05) ^ (5) = 773.78
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The value of a treadmill bought new for $1000 decreases 5% each year. Use a graph to predict the value of the treadmill in 5 years. A) ≈ ...” 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