Your parents bought a car in 2012 at the price of P1.2 million. The value of your car will depreciate over the years due to use. Thus, in 2015 your car is valued at P900,000. What will be your car’s worth in 2018? In what year, approximately, will your car just be worth P200,000?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.50TI: Susana invested a principal of $36,000 in her bank account that earned simple interest at an...
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Your parents bought a car in 2012 at the price of P1.2 million. The value of your car will
depreciate over the years due to use. Thus, in 2015 your car is valued at P900,000. What
will be your car’s worth in 2018? In what year, approximately, will your car just be worth
P200,000?

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