Find detailed and accurate answers to your questions on IDNLearn.com. Join our Q&A platform to get accurate and thorough answers to all your pressing questions.
The value v of an item after t years is given by the following formula, assuming linear depreciation, v=c−crt, where c is the original cost and r is the rate of depreciation expressed as a decimal. if you buy a car for $24,640 and it depreciates linearly at a rate of 24% per year, what will be its value after 24 months? round your answer to the nearest cent.
Sagot :
Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. Your questions are important to us at IDNLearn.com. Thanks for stopping by, and come back for more reliable solutions.