Respuesta :
Answer:
$8640
Step-by-step explanation:
Step 1:
The total amount of the car currently is $45,000. The car depreciates by 10% for the next 3 years. Then multiply 3 to 45,000.
3 × 45,000 = 135,000
The price then decreases by 10%. So, find 10% of 135,000
[tex]10\% = \frac{10}{100}[/tex]
[tex]135000=\frac{135000}{1}[/tex]
[tex]\frac{10}{100}\times \frac{135000}{1}[/tex]
Cross cancel the zeros
[tex]\frac{10}{1}\times \frac{1350}{1}[/tex]
Multiply across
[tex]10\times1350 = 13500[/tex]
Therefore, for the three years, the cars price is now $13,500.
Step 2:
The next step is the same as the first one. But now the car currently is $13,500. And The car depreciates by 8% for the next years. We have to find the value in 8 years. Then multiply 8 to 13,500.
8 × 13,500 = 108,000
Now, find 8% of 108,000
[tex]8\% = \frac{8}{100}[/tex]
[tex]108000=\frac{108000}{1}[/tex]
[tex]\frac{8}{100}\times \frac{108000}{1}[/tex]
Cross cancel the zeros
[tex]\frac{8}{1}\times \frac{1080}{1}[/tex]
Multiply across
[tex]8\times1080 = 8640[/tex]
Therefore, the value of the vehicle in 8 years is $8640.
