SOLUTION: Suppose that you bought a car in mid-2009 for $10,000. If its value (in current dollars) depreciates steadily at 12% per year, what will its value (in current dollars) be in mid 20

Question 1168938: Suppose that you bought a car in mid-2009 for $10,000. If its value (in current dollars) depreciates steadily at 12% per year, what will its value (in current dollars) be in mid 2012?
If inflation had been 3% each year from 1997 to 2007, what would the CPI have been in 2007?
Answer by Solver92311(821) (Show Source): You can put this solution on YOUR website!

You asked two questions. Which one do you want to be answered?

John

My calculator said it, I believe it, that settles it

I > Ø

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