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A new car is purchased for $23,400. The value of the car depreciates at 11.5% per year. To the nearest year, how long will it be to the value of the car is $12,700 dollar?

A new car is purchased for $23,400. The value of the car depreciates at 11.5% per year. To the nearest year, how long will it be to the value of the car is $12,700 dollar?
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A new car is purchased for $23,400. The value of the car depreciates at 11.5% per year. To the nearest year, how long will it be to the value of the car is $12,700 dollar?

asked
User Alex Stephens
by
8.1k points

1 Answer

4 votes

Answer:

the answer is

5 year

Explanation:

on pic :)

A new car is purchased for $23,400. The value of the car depreciates at 11.5% per-example-1
answered
User Manhar Sapra
by
8.6k points
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