3. Six years ago a Honda Accord was worth $21,000. Now the car worth $15,099. a. What is the annual rate of depreciation? b. In how many years from now will the cost of the car be $10,275?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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12
I U
A
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1111
6.
1
3.
Six years ago a Honda Accord was worth $21,000. Now the car is worth $15,099.
a.
What is the annual rate of depreciation?
b.
In how many years from now will the cost of the car be $10,275?
1
MAY
21
!!
II
Transcribed Image Text:100% Normal text Verdana 12 I U A 1 1111 6. 1 3. Six years ago a Honda Accord was worth $21,000. Now the car is worth $15,099. a. What is the annual rate of depreciation? b. In how many years from now will the cost of the car be $10,275? 1 MAY 21 !! II
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