Heather S. answered 08/05/15
Tutor
New to Wyzant
Hi Maggie,
This is a just a chug and plug problem. You have to take the equation provided in the word problem and put in t=5.
So,
C(f)=10,450(.80)^t
C(f)=10,450(.80)^5
First find out what .80^5 is (remember PEMDAS order of operations)
Which equals .32768 and multiply that by 10,450
The care devalues to the nearest dollar which is $3,424.
If you have any other questions I am available for Algebra 2 tutoring. Just click on my profile and send me a message!