The formula for finding the present value of an item that depreciates yearly is v=c-crt. In this formula, v is the present value, c is the original cost, r is the rate of depreciation per year, and t is the number of years that have passed. After 4 years, what is the value of a car originally costing $30,000 that depreciated at a rate of 0.1 per year?
The value of the car after 4 years is $?

The value of the car after 4 years is $18,000

Step-by-step explanation:

Formulas

The model used to compute the present value of an item that depreciates yearly is

Where v is the present value, c is the original cost, r is the rate of depreciation per year, and t is the number of years that have passed.

We are required to find the value of a car originally costing c=$30,000 that depreciated at a rate of r=0.1 per year after t= 4 years

We plug in the given data

The value of the car after 4 years is $18,000

answer: 12

step-by-step explanation:

because yes

dalila is incorrect. the whisker on the left is very long, going all the way out to 5. the whisker goes from 5 to 30, so it has a spread of 25. the rest of the box plot values are closer together, so 5 is an outlier