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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Diễm Thu 3 years 2021-07-27T13:19:34+00:00 1 Answers 134 views 0

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    2021-07-27T13:21:21+00:00

    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.

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