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gtnhenbr [62]
3 years ago
13

In 2009, a brand new SUV cost $35,000 to drive off the lot. In 2012 that same SUV was valued at $22,500. Write an exponential eq

uation to represent this information. Then find the rate of depreciation for the SUV.
I know how to solve the equation, but can you guys please help me with the rate of depreciation? Thanks! AND ASAP PLEASE!! 
Mathematics
1 answer:
lesya [120]3 years ago
5 0
-$12,500 every 4 years
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