SOLUTION: In 2003, the price of a certain automobile was approximately $32,500.00 with a depreciation of $2,690.00 per year. After how many years will the car's value be $13,670.00?
a) Writ
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Question 1099626: In 2003, the price of a certain automobile was approximately $32,500.00 with a depreciation of $2,690.00 per year. After how many years will the car's value be $13,670.00?
a) Write an equation to model the problem. Let t represent the number of years after 2003.
Answer:
b) Solve the equation to answer the question above. (Note: Include the units, in this case years.)
Answer:
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = the value of the car years after 2003
--------------------------
7 years after 2003, which is 2010, the
value of the car will be $13,670
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