A new car is purchased for $41,000 and over time its value depreciates by one half every 3 years. What is the value of the car 4 years after it was purchased, to the nearest hundred dollars?
A new car is purchased for $41,000 and over time its value depreciates by one half every 3 years. What is the value of the car 4 years after it was purchased, to the nearest hundred dollars?
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter25: Achievement Review—section Two
Section: Chapter Questions
Problem 24AR: A piece of machinery is purchased for $8792. In 1 year, the machine depreciates 14.5%. By how many...
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