Question

Jerome purchased a 4-year old car for $12,000. He was told this make a model depreciates exponentially at a rate of 5.7% each year. What was the original price to the nearest hundred dollars?
Group of answer choices

$19,300

$15,200

$12,500

$17,500

Answer 1

19,300 5.7 by 12,000 just makes scene