Ask Question
4 February, 06:17

A new car is purchased for 20700 dollars. The value of the car depreciates at 7.25% per year. To the nearest year, how long will it be until the value of the car is 10800 dollars

+1
Answers (2)
  1. 4 February, 06:31
    0
    1 year

    Step-by-step explanation:

    year 1: 7.25% of 20700 = 1500.75

    convert 7.25% into a decimal = 0.0725

    0.0725x20700 = 1500.75

    (i hope the answer is right, let me know if it isnt)
  2. 4 February, 06:44
    0
    Answer: about 7 years
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A new car is purchased for 20700 dollars. The value of the car depreciates at 7.25% per year. To the nearest year, how long will it be ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers