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sequence and series math question?
a car is worth 38 500 and depreciates in value by 13.5% each year.
what is the car worth after 15 years?
1 year?
what is the value it lost after one year?
1 Answer
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- rdwnLv 48 years agoFavorite Answer
Hint: geometric series.
formula for the n-th partial sum of geometric sequence: s(n) = a(1-r^n)/(1- r)
where ''r'' is the common ration and 'a' is the first term in the geometric sequence.
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