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)![]() ![]() ![]() 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( " |