A-car-is-currently-valued-at-70350-00-If-it-loses-12-of-its-value-at-the-beginning-of-each-year-a-find-its-value-after-three-and-half-years-b-find-the-depreciation-after-three-years-

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Question Number 102076 by pete last updated on 06/Jul/20

$$\mathrm{A}\mathrm{car}\mathrm{is}\mathrm{currently}\mathrm{valued}\mathrm{at}\mathrm{\$}70350.00.$$$$\mathrm{If}\mathrm{it}\mathrm{loses}12\mathrm{\%}\mathrm{of}\mathrm{its}\mathrm{value}\mathrm{at}\mathrm{the}\mathrm{beginning}$$$$\mathrm{of}\mathrm{each}\mathrm{year},$$$$\mathrm{a})\mathrm{find}\mathrm{its}\mathrm{value}\mathrm{after}\mathrm{three}\mathrm{and}\mathrm{half}\mathrm{years}.$$$$\mathrm{b})\mathrm{find}\mathrm{the}\mathrm{depreciation}\mathrm{after}\mathrm{three}\mathrm{years}$$

Commented by PRITHWISH SEN 2 last updated on 06/Jul/20

$$\mathrm{use}\mathrm{the}\mathrm{formula}$$$$\mathrm{C}=\mathrm{current}\mathrm{value}\mathrm{P}=\mathrm{previous}\mathrm{value}$$$$\mathrm{d}=\mathrm{rate}\mathrm{of}\mathrm{depriciation}\mathrm{t}=\mathrm{time}$$$$\mathrm{then}$$$$\mathbf{C}=\mathbf{P}{(1-\frac{\mathbf{d}}{100})}^{\mathbf{t}}$$

Commented by pete last updated on 06/Jul/20

$$\mathrm{so}\mathrm{what}\mathrm{will}\mathrm{the}\mathrm{t}\mathrm{be}\mathrm{equal}\mathrm{to}??\mathrm{pleaze}$$

Commented by PRITHWISH SEN 2 last updated on 06/Jul/20

$$\frac{7}{2}\mathrm{for}{1}^{\mathrm{st}}$$$$\mathrm{and}3\mathrm{for}\mathrm{the}{2}^{\mathrm{nd}}$$

Commented by pete last updated on 07/Jul/20

$$\mathrm{thank}\mathrm{u}\mathrm{sir}$$

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