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Mrs Thompson bought a new Bugatti for $300,000.  The formula V =300,000(1−0.125)y models the value of the system,V, in dollars, after depreciation for y years.  In this formula, what is the meaning of the term (1-0.15)?

Mrs Thompson bought a new Bugatti for 300000 The formula V 30000010125y models the value of the systemV in dollars after depreciation for y years In this formul class=

Respuesta :

The equation V=300000(1-0.125)y can be expressed as,

[tex]\begin{gathered} V=300000(1-0.15)y \\ =300000\cdot(1-\frac{15}{1000})\cdot y \end{gathered}[/tex]

So, equation V=300000(1-0.125)y represents the decrease in cost of Bugatti after y year at the rate of 15%.

The correct answer ic C part.