Question

A new car worth 30,000 is depreciating in value by $3,000 per year. After how many years will the car’s value be $6,000?

Answer 1

Answer: 8 years

Step-by-step explanation:

1 year: 27,000

2 years:24,000

3 years:21,000

4 years:18,000

5 years: 15,000

6 years:12,000

7 years:9,000

8 years:9,000

Answer 2

Answer:

8 years

Step-by-step explanation:

30,000 0 year

27,000 1 year

24,000 2 years

21,000 3 years

18,000 4 years

15,000 5 years

12,000 6 years

9,000 7 years

6,000 8 years