A new car worth $24,000 is depreciating in value by $3000 per year. After how manywill the car's value be $9000

new car $24000 price

after year $3000 is depreciating from original

24000 to 9000 difference is 15000

number of year required to get the price at $9000 is = 15000/3000 = 5 year

final answer is 5 year

Secure Information

Content will be erased after question is completed.

Enter the email address associated with your account, and we will email you a link to reset your password.

Forgot your password?

Sign Up