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A car was valued at $33,000 in the year 1992. The value depreciated to $14,000 by the year 2005. A) What was the annual rate
A car was valued at $33,000 in the year 1992. The value depreciated to $14,000 by the year 2005. A) What was the annual rate of change between 1992 and 2005? 'r = .064 x Round the rate of decrease to 4 declmal places. B) What is the correct answer to part A written in percentage form? 1' = 6.4 x %. C) Assume that the car value continues to drop by the same percentage. What will the value he in the year 2010 ? value = $ 100134.118 x Round to the nearest 50 dollars
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