A car is originally worth $34,450. It takes 13 years for this car to totally depreciate. a.
Question:
a. Write the straight line depreciation equation for this situation.
b. How long will it take for the car to be worth half its value?
c. How long will it take for the car to be worth $10,000? Round your answer to the nearest tenth of a year.
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Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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