document.write( "Question 120388: please help me solve this problem- A car is worth $9000.Each year it depreciates by 12%.What will it be worth in 5 years? \n" ); document.write( "
Algebra.Com's Answer #88247 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
please help me solve this problem- A car is worth $9000.Each year it depreciates by 12%.What will it be worth in 5 years?
\n" ); document.write( "------------------------
\n" ); document.write( "A 12% depreciation means the car is worth 88% of what it was worth last year.
\n" ); document.write( "-----------------------------
\n" ); document.write( "EQUATION:
\n" ); document.write( "Value after 5 years = 9000(0.88)^5 = $4749.59
\n" ); document.write( "------------------
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "
\n" );