A sports car priced at $60 000 depreciates at a rate of 14% per year. The value after n years is given by A nearest year, will it take for the value of the car to depreciate to $18 000? 60 000(0.86)" where A is the amount after depreciation. How long, to the = Too 511

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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A sports car priced at $60 000 depreciates at a rate of 14% per year. The value after n years
is given by A = 60 000(0.86)" where A is the amount after depreciation. How long, to the
nearest year, will it take for the value of the car to depreciate to $18 000?
n log 51600
Dal0000
Transcribed Image Text:A sports car priced at $60 000 depreciates at a rate of 14% per year. The value after n years is given by A = 60 000(0.86)" where A is the amount after depreciation. How long, to the nearest year, will it take for the value of the car to depreciate to $18 000? n log 51600 Dal0000
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