Mathematics, 24.04.2020 18:51 leehenderson134
Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. Its current value is $2,000. The equation 2,000 = 16,000(1-r)^t represents the situation, where t is the age of the car in years and r is the rate of depreciation. About how old is Devon’s car? Use a calculator and round your answer to the nearest whole number.
1 year
2 years
5 years
8 years
Answers: 2
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Devon purchased a new car valued at $16,000 that depreciated continuously at a rate of 35%. Its curr...
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