document.write( "Question 1151897: A car purchased for $21,000 was worth $8,500 after 5 years. If the cars value depreciated, or decreased, by the same amount each year, what was its yearly loss in value? At the end of the fourth year, the car was worth $ ? \n" ); document.write( "
Algebra.Com's Answer #773765 by jmachadok(2)![]() ![]() ![]() You can put this solution on YOUR website! Initial value - 21,000 \n" ); document.write( "Value after 5 years- 8,500 \n" ); document.write( "Depreciation - 21,000-8,500 = 12,500 \n" ); document.write( "Depreciation per year - 12,500/5 = 2,500 \n" ); document.write( "Value after year four - 8,500+2,500 = 11,000 \n" ); document.write( " |