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?

## Answer this Question

## Related Questions

- math - The cost of a minibus was Shilling 950,000. It depreciated in value by 5...
- Business Math - (DEPRECIATION SCHEDULE A) A. A $1200 postage printing system ...
- Maths - Determine how long in years it will take the value of a motor vehicle to...
- calculus - a small business owner buys a truck for $20,000 to transport supplies...
- math - a car depreciates in by avalue of $1000 per year. The original value of ...
- Precalculus - A small business owner buys a truck for $20,000 to transport ...
- Algebra - The value of many things we own depreciates over time. When an asset's...
- Algebra - Three years after purchase, a car is estimated to be worth $24,000. At...
- Algebra - The value of almost everything you own, such as a car, computer, or ...
- Algebra1 - 3. Jackson bought a car for $11,000.00. After 2 years, the value of ...

More Related Questions