A new car is purchased for 24500 dollars. the value of the car depreciates at 14.75% per year.

$29240.75

Step-by-step explanation:

THIS IS THE COMPLETE QUESTION BELOW

A new car is purchased for 24500 dollars.

The value of the car depreciates at 14.75% per year. What will the value of the car be, to the nearest cent, after 14 years?

depreciates at 14.75%= 14.75/100=0. 1475

Let V(t) = value of the car in t years

Where t is number of years

V(t) = 2450(1 - 0.1475)t

= 2450(0.8525)14

the value of the car in 14 years

2450(0.8525)14

V(6) = $29240.75

options a,b,c are the right answer.

step-by-step explanation:

a linear parent function is always represented as y = x

if we write this function in the form of y=mx+c

⇒

or  

now if we plot a graph we will find these characteristics:

1) y intercept of the graph is zero so its a straight line passing through origin.

2) as we can see in both the forms of function written, values of x and y may be either positive or negative for the positive slope means points on the graph are either in first quadrant or in third one.

3) it's slope is one.