5. A car depreciates (loses value) at the rate of 20% per year. A specific car originally costs $20,000. a. Write an equation that models the value of the car. b. How much is the car worth is 5 years? c. How much is the car worth in 10 years?

5. A car depreciates (loses value) at the rate of 20% per year. A specific car originally costs $20,000. a. Write an equation that models the value of the car. b. How much is the car worth is 5 years? c. How much is the car worth in 10 years?

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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Question

5. A car depreciates (loses value) at the rate of 20% per year. A specific car originally costs $20,000.
a. Write an equation that models the value of the car.
b. How much is the car worth is 5 years?
c. How much is the car worth in 10 years?

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