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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?
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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
7.3k points

1 Answer

4 votes

Answer:

$6,000

Explanation:

It depreciates by 50%

User James Helms
by
7.5k points
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