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A car is purchased for 16,000. Each year it loses 20% of its value. After how many years will the car be worth 4,400 or less?

A car is purchased for 16,000. Each year it loses 20% of its value. After how many years will the car be worth 4,400 or less?
asked 37.2k views
3 votes
A car is purchased for 16,000. Each year it loses 20% of its value. After how many years will the car be worth 4,400 or less?

asked
User Jmizv
by
8.4k points

1 Answer

6 votes

Answer:

In 4 years that car will have a value of 3,200

Explanation:

answered
User Tom Clelford
by
8.6k points
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