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A new car is purchased for $49,000 and over time its value depreciates by one half every 7 years. How long, to the nearest tenth of a year, would it take for the value of the car to be $32, 200?
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A new car is purchased for $49,000 and over time its value depreciates by one half

every 7 years. How long, to the nearest tenth of a year, would it take for the value of
the car to be $32, 200?

User Shantanu
by
7.7k points

1 Answer

3 votes

Answer: t≈ 4.2

Explanation:

User Bandit
by
8.7k points
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