The value of a $25,000 car depreciates at a rate of 12% per year. what will the car be worth in 5 years?

The formula for depreciation is:

Value = Starting value x (1 - rate)^time

Using the given values:

Value = 25,000 x (1-0.12)^5

Value = 25,000 x 0.88^5

Value = $13,193.30 (Round the answer as needed)

no association

step-by-step explanation:

if you have eyes and you can use them efficiently you can see that it just looks like random dots like do a line of best fit and like they're so spread out it's such a weak association you might as well consider it nonexistent