SOLUTION: 30 Kathy plans to purchase a car that depreciates (loses value) at a rate of 14% per year. The initial cost of the car is $21,000. Which equation represents the value, v, of the

SOLUTION: 30 Kathy plans to purchase a car that depreciates (loses value) at a rate of 14% per year. The initial cost of the car is $21,000. Which equation represents the value, v, of the

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Question 431687: 30 Kathy plans to purchase a car that depreciates (loses value) at a rate
of 14% per year. The initial cost of the car is $21,000. Which equation
represents the value, v, of the car after 3 years?
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
V=$21,000-3(.14)(21,000)
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