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Olivia purchased a music system worth $18,000 in the year 2018. It loses its value by 6% per year. What is the value of the music system in 2020? a) $16920 b) $20224.80 c) $1590…

Olivia purchased a music system worth $18,000 in the year 2018. It loses its value by 6% per year. What is the value of the music system in 2020? a) $16920 b) $20224.80 c) $1590…
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Olivia purchased a music system worth $18,000 in the year 2018. It loses its value

by 6% per year. What is the value of the music system in 2020?
a) $16920
b) $20224.80
c) $15904.48
d) $14950.51

asked
User BIS Tech
by
8.4k points

1 Answer

3 votes

Answer:

answer is c 15904.48

Explanation:

y=a(l-r ) Y=18000(1 - .06) = 15904.48

answered
User Kalyn
by
8.0k points
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