A $24,000 car is depreciating at a rate of 15% each year. Which of the following exponential decay models gives the value of the car after tyears?
y = 24,000(15)
Oy= 24,000(0.15)*
Oy= 24,000(1. 15)
Oy= 24,000(0.85)*

Landon wallin is an auto mechanic who wishes to start his own business. he will need $4400 to purchase tools and equipment. landon decides to finance the purchase with a 48-month fixed installment loan with an apr of 5.5%. a) determine landon's finance charge. b) determine landon's monthly payment.

Why do interests rates on loans to be lower in a weak economy than in a strong one

Barney & noblet customers can choose to purchase a membership for $25 per year members receive 10% off all store purchases 1. how much would a member pay per year if he bought $50 worth of items each year? 2. write a slope-intercept equation that expresses how much a member pays per year using x to represent his purchases per year 3. how much would a member have to spend per year to pay off his membership fee?