SOLUTION: A certain car depreciates about 15% each year. The original value of the car is $20,000 what is the function for this and how long will it take for the value of the car to reach 10
Algebra.Com
Question 1113453: A certain car depreciates about 15% each year. The original value of the car is $20,000 what is the function for this and how long will it take for the value of the car to reach 10,000
Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
Keeps 85% each year
4 years 3 months
(maybe slightly more)
RELATED QUESTIONS
The original value of a car is 22,000 and it depreciates by 15% each year. What is the... (answered by Cromlix)
jonas purchased a car. It depreciates by 6% each year. After 5 years the car is worth... (answered by josgarithmetic)
Sam has purchased a $30,000 car for his business. The car depreciates 30% every year.... (answered by ikleyn)
A Car normally depreciates 30% of its original value in the first year . A car is worth... (answered by geetha_rama)
A car normally depreciates 30% of its original value in the first year. A car is worth... (answered by ikleyn)
A car that was originally valued at $16,000 depreciates at 15% per year. This means that (answered by Theo)
Lucy bought a car for $23,000. The value of the car depreciates at about 17% each year.... (answered by stanbon)
Hi, hope you can help me withs this problem
A new car depreciates by 20% in its first... (answered by stanbon)
The value of a new car purchased for $78,000 depreciates at a rate of 15% in the first... (answered by josgarithmetic)