The value of a new sports car depreciates at a rate of 8% per year. If the vehicle was bought for $45 000, how much is it worth after 8 years to the nearest dollar?
The value of a new sports car depreciates at a rate of 8% per year. If the vehicle was bought for $45 000, how much is it worth after 8 years to the nearest dollar?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Pls help ASAP on both and pls pls pls show all work and calculations
Transcribed Image Text:2. The value of a new sports car depreciates at a rate of 8% per year. If the vehicle was bought for $45 000,
how much is it worth after 8 years to the nearest dollar?
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