document.write( "Question 918612: A car that was originally valued at $16,000 depreciates at 15% per year. This means that after each year, the car is worth 85% of its worth the previous year. What is the value of the car after 6 years? \n" ); document.write( "
Algebra.Com's Answer #557129 by Theo(13342)![]() ![]() You can put this solution on YOUR website! after the first year it's worth 16,000 * .85 \n" ); document.write( "after the second year it's worth 16,000 * .85^2 \n" ); document.write( "after the third year it's worth 16,000 * .85^3 \n" ); document.write( "etc..... \n" ); document.write( "after the sixth year it's worth 16,000 * .85^6 which is equal to 6034.39.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |