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## A new car is purchased for 20000 dollars. The value of the car depreciates at 11% per year. To the nearest tenth of a year, how long will it

Question

A new car is purchased for 20000 dollars. The value of the car depreciates at 11% per year. To the nearest tenth of a year, how long will it be until the value of the car is 5700 dollars?

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Mathematics
3 years
2021-07-27T13:19:34+00:00
2021-07-27T13:19:34+00:00 1 Answers
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## Answers ( )

Answer:0.285

Step-by-step explanation:first we will have to find our equation:

20,000(p = principal) x r (rate) = 5,700

20,000 × (r) = 5,700

since we are multiplying, we would divide the equation:

5,700 / 20,000

this would then equal to our answer 0.285

to check your answer we can do,

0.285 x 20,000

which would give use our depreciated value of $5,700.