The exponential equation that can model the value of the camper van , in x years is y = 38000*(0.85)ˣ .
In the question ,
it is given that
the present value of the camper van (P₀) = $38000
given the depreciation rate is 15% each year (r)= -0.15
The future value y ,of the camper van can be given by the formula
y = P₀*(1 + r)ˣ
On putting the values , we get
y = 38000*( 1 - 0.15)ˣ
y = 38000*(0.85)ˣ
Therefore , The exponential equation that can model the value of the camper van , in x years is y = 38000*(0.85)ˣ .
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Answer:
f=42
fdb=104
Step-by-step explanation:
Devin borrowed $1,058 at 13 percent for nine months.
We have to calculate the interest paid.
Interest =
Substituting the values of
Principal = $1058
Rate = 13%
Time = 9 months = year
Interest =
Interest = 103.155
= 103.16
So, Devin will pay 103.16 as the interest.
Therefore, Option A is the correct answer.
The answer would be 6 number of pancakes. Hope it helps