An automobile purchased for $38000 is worth $2300 after 7 years. Assuming that the car's value depreciated steadily from year

Question

3 years ago

5

to year, what was it worth at the end of the third year?
The value 3 years after it was purchased is

1 answer:

mario62 [17] · Answer 1 · 2022-08-06T05:30:54+03:00

5 0

Answer:

11422.46

Step-by-step

2300=38000x⁷

x=.669872323

38000*.669872323³=11422.4614

An automobile purchased for ​$38000 is worth ​$2300 after 7 years. Assuming that the​ car's value depreciated steadily from year