Question 162950: Please help me with this problem. I am not sure what formula to use!
A particular car is purchased for $28,400. A year later the car is worth only $26,000. If the value of the car depreciates at the same rate, determine the value of the car when it's nine years old.
Thank you!: Please help me with this problem. I am not sure what formula to use!
A particular car is purchased for $28,400. A year later the car is worth only $26,000. If the value of the car depreciates at the same rate, determine the value of the car when it's nine years old.
Thank you!
Answer by jojo14344(1022)  (Show Source): |