Suppose you buy a car with a value of $10,750. Each year, the value of your car will depreciate by 5.9%. How much will your car be worth in 10 years?A. $19,070.76B. $6,504.50C. $7,074.39D. $5,852.01The population of a town is 17,724 people. Each year, the population increases by 2%. What will the town's population be in 19 years? Round your answer to the nearest whole number.A. 25,821B. 566,246C. 12,074D. 50, 274

Question
Answer:
I will get you started.

Car Problem:

10,750(0.059) = 634.25

Year 1:

10,750 - 634.25 = 10,115.75

The price of the car after year one at 0.059 is $10,115.75.

Continue the same pattern for the remaining 9 years.

Population Problem:

17, 724(0.02) = 354.48

For Year 1:

17,724 + 354.48 = 18,078.48

Continue the same pattern for the remaining 18 years. Use your calculator.
solved
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