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10 January, 12:38

A car is purchased for $ 36,000. Each year it loses 20 % of its value. After how many years will the car be worth $ 14,900 or less?

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Answers (2)
  1. 10 January, 14:31
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    after 3 years it will be 14,900 dollars or less
  2. 10 January, 14:59
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    In many years the car will worth less because $36,000 divided by 20% = 1.8 I hope this is right and, if it is not then oh well.
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