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. Alan buys a new car for $25,000. It depreciates at a rate of $2000 per year. How many years will it take for the car to depreciate to $11,000?
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. Alan buys a new car for $25,000. It depreciates at a rate of $2000 per year. How many years will it take for the car to depreciate to $11,000?

User Mehrdad Safa
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1 Answer

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6 years 2x5=10 but still have the $1k left so add another year and you get 6 years with $12k depreciated
User Aashish Soni
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