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17 February, 05:55

purchased a toyota 4Runner for $25,635. promised your daughter the suv will be hers when the car is worth $10,000. according to the car dealer the suv will depreciate approximately $3,000 per year, if your daughter is currently 15 years old, how old will she be when the 4Runner will be hers.

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  1. 17 February, 06:16
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    about 20

    Step-by-step explanation:

    The vehicle must decline in value by $25,635 - 10,000 = $15,635. At the rate of $3000 per year, it will take ...

    15,635/3,000 ≈ 5.21167

    In 5.2 years, she will be about 20 years old.
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