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Mathematics, 16.10.2020 19:01 cutiecat66

One model for car depreciation is as follows, where Cis the original cost, Vis the value of the car after tyears, and ris the rate of depreciation
V= (1-1)
If the original cost of the car was $21,000 and the rate of depreciation is 15%, what will be the value of the car after 5 years?
[Round to the nearest dollar.]
A. $17,850
B. $3,150
C. $9,318
D. $19,472

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