187k views
1 vote
A company car is valued at $28,000 and will depreciate by

$2,000 each year. How many years will it take for the car to.
have no value ($0).

User Doryne
by
5.0k points

1 Answer

6 votes

Answer:

14 years

Explanation:

If the value of the car is $28,000 and each year the value goes down by $2,000 it will be $0 in 14 years. 28/2=14

User Mxasim
by
6.0k points