duanettawilson duanettawilson

29-05-2018
Mathematics

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A new car worth 25,000 is depreciating(loses value) in value by 1,250 per year. Determine how many years will it take for the car to be worth 8,500

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sqdancefan sqdancefan

29-05-2018

The value x years from now will be
v(x) = 25000 - 1250x

Filling in the given information, we have
8500 = 25000 - 1250x
8500 - 25000 = -1250x
-16500/-1250 = x = 13.2

It will take 13.2 years for the car to be worth 8,500.

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