document.write( "Question 1197911: A vehicle purchased for $ 22400 depreciates at a constant rate of 9% . Determine the approximate value of the vehicle 14 years after purchase. \n" ); document.write( "

Algebra.Com's Answer #831371 by ikleyn(52787) $\"\"$ $\"About$

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\n" ); document.write( "A vehicle purchased for $ 22400 depreciates $\"highlight%28exponentially%29\"$ at a constant $\"highlight%28exponential%29\"$ rate of 9% .
\n" ); document.write( "Determine the approximate value of the vehicle 14 years after purchase.
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document.write( "    This approximate value is   =  = 5981.74 dollars (rounded).    ANSWER\r\n" );
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\n" ); document.write( "\n" ); document.write( "To see many other similar (and different) solved problems, look into the lesson\r
\n" ); document.write( "\n" ); document.write( " - Problems on appreciated/depreciated values \r
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