Question

A car is purchased for 1200. Each year it loses 25% of its value. After how many years will the car be worth 2800 or less?

Answer 1

5.06 years

Explanation:

It is already worth less than 2800

perhaps you meant the purchase price was 12 000

2800 = 12 000 ( .75)^n

n = 5.06 years it will = 2800