Inactive Tutor answered 12/19/20
Keimara J.
asked 12/18/20I need help with Precalculus
A new car is purchased for 18000 dollars. The value of the car depreciates at 7% per year. To the nearest tenth of a year, how long will it be until the value of the car is 8500 dollars?
Follow
1
Add comment
More
Report
2 Answers By Expert Tutors
Tutor
New to Wyzant
Inactive Tutor answered 12/19/20
Tutor
New to Wyzant
8500 = 18000(0.93)t
0.4722 ≈ 0.93t
ln 0.4722 ≈ ln 0.93(t)
Still looking for help? Get the right answer, fast.
Ask a question for free
Get a free answer to a quick problem.
Most questions answered within 4 hours.
OR
Find an Online Tutor Now
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.