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.
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
42 bricks laid in 2 hours
Answers (1)
Write an expression for the sequence of operations described below. t more than the sum of 4 and s Do not simplify any part of the expression.
Answers (1)
What did the blind old buck say to his doe?
Answers (2)
Which of the following equations is written in the slope-intercept form? x + y = 1/3m x = mb + y y + b = m + x y = mx + b
Answers (1)
Do this multiplication: 99 x 10?
Answers (2)
New Questions in Mathematics
Consider the equations 5x+10=30 and 5 (x+10) = 30. Do they have the same solution? Why or why not?
Answers (1)
19 squared equals 361
Answers (2)
The color of any object depends upon which colors are reflected and absorbed. True or False?
Answers (1)
720 total students are in 7th grade at bailey middle school. 15 out of 120 are in sports during the spring season. How many total students are not in sports during the spring season
Answers (1)
Function for Y=15 x-40 when x=3
Answers (1)