127,440 views
37 votes
37 votes
D

Question 6
11 pts
Use the previously created equation to solve for the verbal description (give your
answer to the nearest cent and include commas and decimal points). For example,
12,345,67
The value of a car purchased for $20,000 decreases at a rate of 12% per year. What
will be the value of the car after 3 years?
Question 7
79°F

User Denis De Bernardy
by
2.9k points

1 Answer

19 votes
19 votes
so you'll need to find 12% off every year so after 1 year it'll be 2400 off meaning it'll be worth 17600 repeat for the next 2 years and by year 3 the value will be $13,629.44
User Morfinismo
by
2.6k points