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A new car worth $25,000 is depreciating (loses value) in value by $1,250 per year. Determine how many years will it take for the car to be worth $8,500?
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A new car worth $25,000 is depreciating (loses value) in value by $1,250 per year. Determine how many years will it take for the car to be worth $8,500?

User Petr Stodulka
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1 Answer

4 votes
25,000 - 8,500 = 16,500

16,500 :1250 = 13 years and 2 months
User Kishori
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