document.write( "Question 1137004: A new car is purchased for 17000 dollars. The value of the car depreciates at 13.5% per year. What will the value of the car be, to the nearest cent, after 12 years? \n" ); document.write( "
Algebra.Com's Answer #754832 by MathLover1(20850)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( "\n" ); document.write( "Original Price = $ \n" ); document.write( " \n" ); document.write( "if reduced by \n" ); document.write( "\n" ); document.write( "after one year, this can be represented as: \n" ); document.write( " \n" ); document.write( "$ \n" ); document.write( " \n" ); document.write( "or $ \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "WE THEN JUST MULTIPLY THE PREVIOUS AMOUNT BY \n" ); document.write( " \n" ); document.write( "making a table\r \n" ); document.write( "\n" ); document.write( "YEAR | AMOUNT \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "and so on \n" ); document.write( " \n" ); document.write( "WE CAN REWRITE THIS AS: $ \n" ); document.write( " \n" ); document.write( "SO AFTER \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |