Use an equation to solve the problem.
-The value of an object that depreciates in value every year for $n$ years is $\$ P\left(1-\frac{n}{10}\right)$, where $P$ is the initial price. How much would a radio that you bought 6 years ago for $\$ 31$ currently be worth?
A) $\$ 0.20$
B) $\$ 0.40$
C) $\$ 12.40$
D) $\$ 49.60$

Question

Quizplus · Accepted Answer

The value of the radio after 6 years is calculated by substituting $P = 31$ and $n = 6$ into the given formula: $\$ 31\left(1-\frac{6}{10}\right) = \$ 31 \times 0.4 = \$ 12.40$.

Use an Equation to Solve the Problem nnn Years Is $P(1−n10)\$ P\left(1-\frac{n}{10}\right)$P(1−10n​)

Use an Equation to Solve the Problem $n$ Years Is $\$ P\left(1-\frac{n}{10}\right)$