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)\"\" \"About 
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\n" ); document.write( "\n" ); document.write( "Original Price = $\"17000\"
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\n" ); document.write( "if reduced by \"13.5\"% each year,\r
\n" ); document.write( "\n" ); document.write( "after one year, this can be represented as:
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\n" ); document.write( "$\"17000+-+0.135%2A17000\" or $\"17000%2A%281+-+0.135%29+\"
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\n" ); document.write( "or $\"17000%2A%280.865%29\"\r
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\n" ); document.write( "\n" ); document.write( "WE THEN JUST MULTIPLY THE PREVIOUS AMOUNT BY\"+0.865\" EACH YEAR
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\n" ); document.write( "making a table\r
\n" ); document.write( "\n" ); document.write( "YEAR | AMOUNT
\n" ); document.write( " \"0\" | $\"17000\"
\n" ); document.write( " \"1+\" | $\"17000%2A%280.865%29\"
\n" ); document.write( " \"2+\" | $\"17000%2A%280.865%29%2A%280.865%29+\"
\n" ); document.write( " \"3\" | $\"17000%2A%280.865%29%2A%280.865%29%2A%280.865%29+\"
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\n" ); document.write( "and so on
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\n" ); document.write( "WE CAN REWRITE THIS AS: $\"17000%2A%280.8%29%5En\" WHERE \"n\" IS THE NUMBER OF YEARS
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\n" ); document.write( "SO AFTER \"12\" YEARS: AMOUNT = $\"17000%2A%280.865%29%5E12++=++2982.92+\"\r
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