1. suppose you purchased a new car for $30,000 in 2015. if the value of the car decreased by 8% each year, during what year will the car be worth $10,000

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asked Mar 2, 2023 149k views

9 votes

1. suppose you purchased a new car for

$30,000 in 2015. if the value of the car
decreased by 8% each year, during what year
will the car be worth $10,000

Mathematics
high-school

Holtaf asked

by Holtaf

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1 Answer

7 votes

If the value of the car decreases by 8% every year it would take 13 years for the car to be worth
$10000.00.

JOM answered Mar 8, 2023

by JOM

4.6k points

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