document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=725842>Question 725842</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Trying to help my son, but can't figure the formula to use. Pls help<BR>\n" );
document.write( "My car depreciates at a rate of 33% per year. What % of the original price is it worth after 6 years. \r<BR>\n" );
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document.write( "Thx terry </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #444339 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=444339\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> My car depreciates at a rate of 33% per year. <BR>\n" );
document.write( "What % of the original price is it worth after 6 years.<BR>\n" );
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document.write( "Let the original value be \"x\".<BR>\n" );
document.write( "Each year it is worth 67% of what it was worth the previous year.<BR>\n" );
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document.write( "Equation:<BR>\n" );
document.write( "V(6) = 0.67^6*x = 0.0905*x or 9.05% of the original price<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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document.write( " </SPAN>\n" );
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