Anew car is purchased for 20300 dollars. the value of the car depreciates at 8.75% per year. what will the value of the car be, to the nearest cent, after 12 years?

The value of the car, to the nearest cent, after 12 years will be $ 6,765.35

Step-by-step explanation:

Let's recall that depreciation on a car can be determined by the formula:

V = C * (1 - r)^t , where:

V is the value of the car after t years,

C is the original cost

r is the rate of depreciation

t is the number of years of utilization of the car

Therefore, we have:

V = C * (1-r)^t

V = 20,300 * (1 - 0.0875)¹²

V = 20,300 * 0.333268

V = 6,765.35 (rounding to the nearest cent)

15% chance.

step-by-step explanation:

3/10 times, the 5 year old will get a tablet. 5/10 times, the 13 yer old will get a tablet. multiply both fractions to get 15/100 times, both would have a tablet.