document.write( "Question 1045944: you bought a car for $10,000 four years ago, since then it has lost 20% of its original value. Assuming depreciation is linear, how many years after your initial purchase will it be when the car is only worth $1,000? \n" ); document.write( "
Algebra.Com's Answer #661447 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! bought a car for $10,000 \n" ); document.write( "four years lost 20% ($2000) | Depreciated $500 per year \n" ); document.write( "Let x represent the number of years... \n" ); document.write( "Depreciate Value = 10000 - 500x\r \n" ); document.write( "\n" ); document.write( "when the car is only worth $1,000? \n" ); document.write( "1000 = 10000 - 500x \n" ); document.write( "500x = 10000-1000 \n" ); document.write( "500x = 9000 \n" ); document.write( "x = 9000/500 \n" ); document.write( "x = 18 years, when the car is only worth $1,000 \n" ); document.write( " |