Anew car is purchased for 2 dollars. the value of the car depreciates at 12.5%
per year. what will the value of the car be, to the nearest cent, after 11 years?

$4,603.82

Step-by-step explanation:

A new car is purchased for 20,000 dollars,

P = $20,000

The value of the car depreciates at 12.5%,

r = 1 - 0.125 = 0.875

I = value of the car after

t = 11 years

Use formula

Hence,

-7/8

step-by-step explanation:

instead of subtracting you add the -6/8 and -1/8

v = 1/3 a^2h

step-by-step explanation:

the volume is 1/3 a^2h.