Suppose a new car that costs $25,000 depreciates by 12% each year.
In about how many years will the car be worth $15,000? Use the equation 15,000 = (25,000)(0.88)x and round the value of x to the nearest year.
5
4
6
7

Question

Suppose a new car that costs $25,000 depreciates by 12% each year.
In about how many years will the car be worth $15,000? Use the equation 15,000 = (25,000)(0.88)x and round the value of x to the nearest year.
5
4
6
7

tkhunny · Answer

What is it that you need?  You are given the proper equation.  Solve it!  Show your work.

anonymous · Answer

i need help tho

tkhunny · Answer

Okay.  What have you done?

$15000 = 25000\cdot 0.88^x$

Solve for x.  What might be first?