Mathematics

Logan Pham

13 July, 15:07

A car depreciates at a rate of 15% of its value annually. Carl purchased a new car for $25,000 and wants to know how many years will it take until the car is worth less than $5,000. He uses the equation 25000 (0.85) t = 5000. How many years will Carl have until his new car is worth about $5000? Round your answer to the nearest hundredth.

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “A car depreciates at a rate of 15% of its value annually. Carl purchased a new car for $25,000 and wants to know how many years will it ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

A circle has a circumference of 3.14 units. What is the diameter of the circle?

Susan's insurance company for 70% of her shoulder surgery, after she pays a $1000 deductible? How much will Susan pay for her surgery if it costs $12,400 A.$4720 B.$4420 C.$3720 D.$3420

For her book club, sharon reads for 45 mins each day. Write an expression for the number of hours she reads in d days

I'm a basketball contest, Chas predicted he would make 85 percent of his shots. He actually made 18 out of 20 shots. How did chad's prediction compare with his actual results

If the coordinates of a parallelogram are Q (3, - 2), R (7, - 2), S (9,3), and T (5,3), the area of the parallelogram is: A. 20 units² B. 10 units² C. 30 units² D. 40 units²

New Questions in Mathematics

Solve the equation. - x + 8 + 3x = x - 6

What is the sign of the product (-7) (-2) (-5) (1) ? Select one: a. Positive, because the products (-7) (-2) and (-5) (1) are negative, and the product of two negative numbers is positive b.

Whats the factors of 3x2+4x+1

From the sample population of students with blond hair, what is the relative frequency of students with green eyes?

Solve: 5x - 7x + 6 = - 2 (x - 3).