Register

A car depreciates in value at a rate of 10% per year. If the car was purchased for $12,000, which equation would calculate how much will it be worth in 5 years?

A car depreciates in value at a rate of 10% per year. If the car was purchased for $12,000, which equation would calculate how much will it be worth in 5 years?
223k views
3 votes
A car depreciates in value at a rate of 10% per year. If the car was purchased for $12,000, which equation would calculate how much will it be worth in 5 years?

User Maxyie
by
8.0k points

1 Answer

4 votes

Answer:

$6,000

Explanation:

It depreciates by 50%

User James Helms
by
8.1k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!