A limousine costs $75000 new, but it depreciates at a rate of 12% per year. How many years would it take to be worth $45000? Round to the nearest year.
A limousine costs $75000 new, but it depreciates at a rate of 12% per year. How many years would it take to be worth $45000? Round to the nearest year.
it will take 4 years.