A car was valued at $41,000 in the year 1995. The value depreciated to $10,000 by the year 2002.A) What was the annual rate of change between 1995 and 2002?r = Round the rate of decrease to 4 decimal places.B) What is the correct answer to part A written in percentage form?r = %.C) Assume that the car value continues to drop by the same percentage. What will the value be in the year 2007 ?value = $ :
Unitary Method
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A car was valued at $41,000 in the year 1995. The value depreciated to $10,000 by the year 2002.
A) What was the annual rate of change between 1995 and 2002?
r =
Round the rate of decrease to 4 decimal places.
B) What is the correct answer to part A written in percentage form?
r = %.
C) Assume that the car value continues to drop by the same percentage. What will the value be in the year 2007 ?
value = $ :
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