The value of a car decreases at an annual rate of 9.9%. It is currently worth $15000. When will the car be worth $100?
1 Answer
The car will be worth $100 after 48 years and 23 days.
Explanation:
To decrease a number
Be
Therefore, the car's value on year
You want to know when the value will drop to $100, so you must solve this equation:
Turn the power into a factor with the