Example 3

Sajeena paid [math]$20,000[/math] for a new car in April 2004. The car was worth [math]$6,000[/math] in April 2012. Assuming a constant annual rate of decrease in value, what was the annual rate of decrease? What was the value of the car in April 2009? What is the predicted value of the car for April 2018?

 

Walch Education

 
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car  decay  decrease  exponential  model  of  rate  value 
Grupo Alvo (Idade)
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English
 
 
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