Big Bob's Car Palace offers a new minivan for $20,000. After one year, it's value is
$17,000
...
Mathematics, 26.03.2021 20:50 fedora87
Big Bob's Car Palace offers a new minivan for $20,000. After one year, it's value is
$17,000
a)
By what percent does the value of the minivan decrease each year ?
b)
Find the depreciated value of the minivan after 6 years.
At this rate, what would the value of the minivan be after 10 years ?
d)
Approximately when will the minivan first be worth less than $ 2000 ?
Answers: 1
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