Olivia purchased a car worth 18 000 in the year 2001 It loses its value by 6 per year What is the value of the car in 2004 Mrs E Teaches Mach 3 A new car sells for 22 000 The rate of depreciation is 15 annually After 6 years the owner decides to sell the car What is the value of the car 2 Find the half life of a substance which decays according to the function A t 600e 0 05t where t is time in days 02916 Mrs ETeaches Math 4 Jasmine purchased a laptop worth 1 500 in 2007 It loses its value by 32 each year What is the value of the laptop in 2010