A new car is purchased for 22300 dollars. The value of the car depreciates at 7.5% per year. To the nearest year, how long will

Question

3 years ago

14

it be until the value of the car is 7700 dollars?

2 answers:

slava [35] · Answer 1 · 2022-02-26T09:33:09+03:00

slava [35]3 years ago

7 0

Answer:

13, i think.

Step-by-step explanation:

use the equation: p( 1 - 7.5/100)^r

p= original amount

r = years

sub in numbers

22300 ( 1- 7.5/100)^r

just sub in different numbers for r till you get closest to your answer

Slav-nsk [51] · Answer 2 · 2022-02-26T07:46:12+03:00

6 0

you would have to wait at least a couple of years.