Question

a car cost $40,000 on january 1, 1999. what did it cost on january 1, 1997?

Answer 1

need more information..like the rate it increases per year

Answer 2

4.5%

Answer 3

so the cost increase 4.5% per yr?

Answer 4

yeah

Answer 5

or it increased by 4.5% in the two yrs?

Answer 6

it increased 4.5% per year