Schwartz Beck
02/11/2023 · High School
A vehicle purchased for \( \$ 25000 \) depreciates at a rate of \( 6 \% \) per year. Determine the approximate value of the vehicle 15 years after purchase. Round to the nearest whole number.
UpStudy ThothAI Solution
Tutor-Verified Answer
Quick Answer
The vehicle is worth approximately $9882 after 15 years.
Step-by-step Solution
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text
Enter your question here…
By image
Re-Upload
Submit