7. You are planning to buy a car in 2024 after you
graduate. You would like a Camaro that costs
$20,000. Your friend is discouraging you from making
this purchase because the value of the car will
depreciate 6% each year. Let x write the number of
years after 2024. How much will the car be worth in
2031? (Round your answer to the nearest dollar.)
(F.IF.2)
A. $8,982
B. $12,970
C. $30,073
D. $32