question archive A new car is purchased for 24600 dollars

A new car is purchased for 24600 dollars

Subject:MathPrice:4.86 Bought5

A new car is purchased for 24600 dollars. The value of the car depreciates at 5.5% per year. To the nearest year, how long will it be until the value of the car is 11300 dollars?

 

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE