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A new car is purchased for 15700 dollars. The value of the car depreciates at 7.5% per year. To the nearest year, how long will it be until the value of the car is 10100 dollars…

A new car is purchased for 15700 dollars. The value of the car depreciates at 7.5% per year. To the nearest year, how long will it be until the value of the car is 10100 dollars…
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A new car is purchased for 15700 dollars. The value of the car depreciates at 7.5% per year. To the nearest year, how long will it be until the value of the car is 10100 dollars?

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User Czarina
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1 Answer

5 votes

It will take almost 6 years to depreciate the value of the car to 10100 dollars.

answered
User Joze
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8.3k points
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