Sharon purchased a used car for $24,600. the car depreciates exponentially by 8% per
much will the car be worth after 5 years? round your answer to the nearest penny.

The value of car after 5 years of exponentially depreciation is $16,213.36  

Step-by-step explanation:

The initial amount of the car = i = $24,600

The depreciates rate of interest applied = r = 8%

Let The value of car after n years = A  

The number of years = n = 5 years

Now,According to question

The value of car after n years = initial price of car  ×

Or, The value of car after 5 years = i ×

Or, $A = $24,600 ×

Or, $A = $24,600 ×

Or, $A = $24,600 × 0.65908

Or, $A = $16,213.36

So, The value of car after 5 years = A = $16,213.36

Hence , The value of car after 5 years of exponentially depreciation is $16,213.36  . Answer

f(x) is the value of the function. b is the value of the function when x equals zero or the y-coordinate of the point where the line crosses the y-axis in the coordinate plane.

step-by-step explanation:

hope this !

.632

step-by-step explanation:

6 * 1/10 = 3/5

3*0.01 = 0.03

3/5 + 0.03 = .63

2*0.002 = .002

.63 + 0.002 = .632