Doug C. answered • 12/19/20
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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?
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Mark M. answered • 12/19/20
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8500 = 18000(0.93)t
0.4722 ≈ 0.93t
ln 0.4722 ≈ ln 0.93(t)
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