On january 1, 2010, lucita bought a car for $25,000. if the car depreciates at a rate of 15% per year, which equation can find the value of the car on december 31, 2017?

Equation that can find the value of the car on December 31, 2017 is:

A= 25000*(1-0.15)^7 and the value of car after 7 years is $8014.427.

Step-by-step explanation:

Price of car = $ 25,000

Rate of depreciation = 15 %

Formula used:

A= P(1-r)^n

where p= price of car

A= new price of car after depreciation

r = rate of depreciation i.e. 15/100 = 0.15

n= time in years 2017 - 2010 = 7 years

Putting values in formula:

A= 25000*(1-0.15)^7

A= 25000*(0.85)^7

A= $8014.427

So, Equation that can find the value of the car on December 31, 2017 is:

A= 25000*(1-0.15)^7 and the value of car after 7 years is $8014.427.

answer: y=0 if that is what u r looking for

step by step solution :

step   1   :

1.1     4 = 22

(4)3 = (22)3 = 26

equation at the end of step   1   :

  ((23) • 26)2

step   2   :

equation at the end of step   2   :

  (23 • 26)2

step   3   :

final result :

  218

ya