Question

Help asap please! on a deadline.

Answer 1

Jonas purchased a new car for $25,000. Each year the value of the car depreciates by 20% of its value the previous year. In how many years will the car be worth $5000?

Answer 2

20% in this equation is equal to 5,000

So just go 25,000-5,000

Answer 3

is this a test?

Answer 4

It is asking how many years it takes for it to depricate down to $5k. @KendrickLamar2014

Answer 5

So you would do that continuously until you reach 5k.

Answer 6

Year 1: $25,000 - $5,000 = $20,000
Year 2: $20,000 - $5,000 = $15,000
Year 3: $15,000 - $5,000 - $10,000
Year 4: $10,000 - $5,000 = $5,000

Answer 7

That is how you solve this problem :)