Elizabeth plans on buying a new car for $25,000. The model she is looking at depreciates at a rate of 8.5% per year. Elizabeth p

Question

3 years ago

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Elizabeth plans on buying a new car for $25,000. The model she is looking at depreciates at a rate of 8.5% per year. Elizabeth p

lans on keeping the car for t years, or as long as it is worth more than $15,000.
Create the inequality that represents the amount of time Elizabeth will own the car, and then use it to answer the question below.

_______ ( ___ ) ^ t > _______
25,000____0.85______25,000

9,150 _____0.915_______9,150

8,500_____0.085_______8,500

15,000_____0.25_______15,000

Mathematics