Question

A delivery company purchases a $20,000 van. The value of the van depreciates at a rate of 19% per year. How many years will it take before the van is worth half its original purchase price? Round to the nearest tenth of a year.

A 1.7 years
B 4.0 years
C 3.3 years

Answer 1

The answer is C because u need to find the prcentage first which is 19%of 20000 is 3800 to find the answer is u need to multiple 3800 with any answer given like 1.7 or 4.0 or 3.3....here u go the answer nearest 10000 is 3.3 year because half of its original price...