February 24, 2017

Homework Help: more logarithms help!

Posted by Kiirsty on Sunday, May 25, 2014 at 8:44am.

the depreciated value, V, of a car can be calculated using V = C91-r)^n, where C is the original value, r is the rate of depreciation per yeat and n is the age of the car in years. how long would it take for a $24,000 car to be reduced to a value of $2500 if the car is depreciationg at a rate of 15% per year?

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